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Costco Doubles Motor Oil Prices, Imposes Purchase Limits

The Hill2 min read243 words
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A recent announcement from the Ministry of Consumer Affairs has introduced a price increase and purchase limits on household paper products, including toilet paper. The measures, aimed at stabilising supply chains and curbing speculative buying, echo the shortages that plagued markets during the early stages of the pandemic. While the policy may bring to mind the empty shelves of that period, experts say the actual impact on everyday shoppers will be limited.

The price hike will see the average cost of a standard 12‑pack of toilet paper rise by 15 %, effective from 1 November. In addition, retailers are required to cap purchases to no more than three packs per customer per transaction. The limits are intended to prevent bulk buying and ensure equitable distribution, with the Ministry citing persistent supply bottlenecks and rising raw‑material costs as the primary drivers. Similar limits have been applied to other staple items, such as paper towels and facial tissues, but the government has stated that these restrictions will be reviewed monthly.

According to the Ministry’s briefing, the combined effect of the price increase and purchase limits is expected to be modest, with inflationary pressures on household budgets remaining below the 2 % threshold set by the central bank. Consumer groups have welcomed the measures as a precautionary step, and retailers have pledged to maintain regular stock levels. The policy is slated for a 90‑day trial period, after which authorities will assess its efficacy and consider adjustments.

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