Saravanan said bulk buyers are those in the food and beverage industry, rather than private households. – SYED AZAHAR SYED OSMAN/THESUNThe Federation of Malaysian Consumers Association said the supply of food items needs to be increased to prevent traders from increasing prices.
“Take chicken, for example. There is this misconception that the general public is stock-pilling them. But a single household may only buy two whole chickens at most, while restaurants and the F&B sector are the ones buying in bulk. What they are doing leads to supply shortages and sellers increasing prices,” he said yesterday.
In a survey related to cost of living and rising prices of goods, Fomca suggested to the government to reduce the burden on the public by putting more effort into reducing food prices and maintaining food security.