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Consumer Council conducted price survey on over-the-counter drugs

Consumer Council
2012-11-27 17:39
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Consumer Council released its latest specific price survey on over-the-counter drugs. Survey result showed that price discrepancies had shrunk since last surveyed, price differences recorded this time ranged from 14.9 percent to 42.53 percent.

Consumer Council collected prices of 6 over-the-counter drugs from 28 drugstores on 22nd November, surveyed drugs included remedies for cold and flu, cough syrup, and stomachache medicine. The current survey result showed that price discrepancy of the same drug sold at different drugstores had shrunk. ‘Advance Cough Suspension/120ml’, which observed a price difference of 81.82 percent last time, now dropped to only 20.7 percent. ‘Coltalin – Cold & Flu/Allergy Formula/12 tablets’, which was sold at $33.0 to $43.5 and recorded price increases in several spots, observed a price difference of over 30 percent.

The specific price survey on over-the-counter drugs also revealed that selling prices of the surveyed drugs were generally stable, only ‘Coltalin - Cold & Flu / Allergy Formula/12 tablets’ recorded a price increase of about 10 percent in 8 drugstores.

Consumer Council indicates that its specific price survey aims at helping consumer make price comparison for the same product, consumers are therefore advised to check with the ‘Specific product price information platform’ prior to making purchase.

The specific price survey on over-the-counter drugs is now available on the Council’s website (www.consumer.gov.mo).


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