There are several factors that may affect the prices of goods in department stores, large supermarkets, as well as medium and small retail stores, usually related to business operating costs and market forces.
This was said by the Department of Economic Planning and Statistics (DEPS), Ministry of Finance and Economy (MoFE) on the many complaints received about price differences for the same goods.
The main factor affecting the prices is the cost of different business structures and operations, such as rent, employee wages, utilities, transportation costs and other operating costs involving supplies, the agency said.
More details on Wednesday’s Borneo Bulletin
