RAK plans monthly commodities price list

Ras Al Khaimah: A comparative monthly price list of various commodities in malls and supermarkets will be available to consumers soon.

The Ras Al Khaimah Department of Economic Development, which will issue the price list, believes it will help people save money in the light of rising prices of consumer goods.

Hamad Al Shamsi, department's Deputy Director, said the project will start with the prices of commodities in the emirate's 10 big supermarkets. More supermarkets will be added gradually.

"The list will enable customers to compare the price of a single commodity in 10 major supermarkets and will enable them to choose the right place to do their shopping," he added.

Al Shamsi said the new comparative price list will create the right interactive consumer culture among the people as they will be able to know the best and cheapest prices, the profit margins, and the names of the supermarkets which charge high prices.

"The list will also create positive competition among the supermarkets in attracting customers," he said.

"The step has been taken to safeguard the interests of consumers as we receive complaints about the difference in prices of the same commodities in the various malls and supermarkets every day," he said.