Food market activity dips as citizens stockpile for Ramadan

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(File photo: Ameer Khalifeh/Jordan News)
AMMAN — Commercial activity has recently decreased in food markets to levels lower than those recorded during the three days preceding Ramadan, according to traders.اضافة اعلان

According to experts, the decline in commercial activity in purchasing food items is due to a range of reasons, including Jordanians buying large quantities of goods exceeding their daily needs as preparations for Ramadan, Al-Ghad reported.

Moreover, experts point out that many people in the Kingdom have changed their consumption patterns due to Israel’s war on Gaza, especially as Israel has starved civilians.

They confirmed the abundance of goods in the local market in quantities exceeding citizens' needs, in addition to their diversity and the availability of options and alternatives for individual goods, along with extensive discounted offers presented by stores and commercial centers, noting that the prices of fresh chilled meats have increased by over 20 percent due to rising shipping costs.

On the other hand, Jamal Amro, the representative of food items in the Jordanian Chamber of Commerce, described the commercial activity in food markets as moderate and below the rates recorded during the days preceding the holy month.

Amro estimated a 15 percent decline in commercial activity in food markets compared to the past three days, attributing this to citizens buying large quantities of food items exceeding their daily needs in preparation for the holy month.

He expected commercial activity to continue its decline until the end of the coming week, then resume its activity again, coinciding with the disbursement of salaries for workers, pointing to strong competition between stores and commercial centers evidenced by continued extensive discounted offers, including essential and diverse food items.

Amro confirmed the availability of all goods in the local market in quantities exceeding citizens' needs and at stable price levels for some products and reduced for others, except for imported meats, which have witnessed price increases due to rising shipping costs resulting from events in the Red Sea region caused by the brutal Israeli aggression against the people of Gaza.

Yaser Al-Abadi, an investor in one of the commercial centers, said that commercial activity has noticeably decreased among citizens in purchasing food and Ramadan items compared to the days preceding the blessed month of Ramadan.

Abadi explained that markets have seen better commercial activity during the past three days than the days preceding the holy month last year.

He confirmed strong competition between commercial centers through extensive discounts announced, encompassing essential and high-quality food items, noting the availability and diversity of products in the market at stable prices for most products and reduced for others compared to last year's Ramadan.

The Ministry of Industry, Trade, and Supply began implementing the first phase of the strict monitoring plan on markets on the first day of the blessed month of Ramadan, extending until the first half of the holy month.


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