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2026-10-05T10:46:06.000Z

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Consumer groups challenge government's support for purchasing power

Consumer groups challenge government's support for purchasing power

The National Federation of Consumer Associations has urged the government to act quickly to protect purchasing power by proactively monitoring price developments and intervening when unjustified increases occur. It emphasized the importance of evaluating measures aimed at households, tightening market supervision to combat speculation and monopolies, and establishing a national price observatory that tracks disparities between regions and monitors price trends throughout production and distribution stages. The federation also highlighted the need for transparent data on fuel prices, including the components of the final price and profit margins, to enable consumers to follow the price trajectory. It called for the activation of consumer protection laws, strengthening market oversight agencies, improving complaint handling mechanisms, and ensuring the quality and transparency of essential services. Additionally, it emphasized the importance of monitoring both food and non-food products, enhancing consumer protection in the digital domain by combating misleading advertisements and safeguarding personal data. It encouraged cultural and advisory awareness to foster well-informed consumer decisions and called for community involvement in shaping policies related to purchasing power and consumer rights.

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