DNCRP to investigate reasons behind toiletries’ price hike

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Staff Reporter :
The Directorate of National Consumer Rights Protection (DNCRP) will investigate reasons behind toiletries’ price hike as it created burden in the people’s life.
The DNCRP has formed an investigation team to unearth the reasons behind the price hikes of personal care toiletries products including soap, aromatic soap, detergent powder, toothpaste, shampoo and cleaner.
 The team would visit the factories of the related companies and review the price of raw materials and other related expenditures.
 Representatives from the Tariff Commission, ICMAB and Consumers Association of Bangladesh (CAB) will accompany the investigation team during the visits to the factories.
 If any abnormal thing is found behind the price hike, the Directorate would take legal action against the companies, the Director General of DNCRP AHM Shafiquzzaman said during chairing a meeting with the representatives of different personal homecare toiletries producing and marketing companies held at his office in the city.
Representatives from companies like ACI, Unilever, and Kallol Group were present at the meeting.
 Shafiquzzaman said the toiletries companies had informed the meeting that the prices of such products have increased in the local market due to the price hike of raw materials in the global market, the high exchange rate of Taka against US dollars, increase in freight and transportation cost, and increase in production cost.
 The Director General of the DNCRP said they would recommend by the government to based on the findings the visits of the investigation team. He also informed that legal action would be taken if anything irrational is found behind the price hike of such daily essential toiletries items. It is mentionable that the price of essential homecare toiletries items witnessed a hike of 30 to 60 per cent over the last year.

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