Industry: upcoming declines in food prices

Home Business Industry: upcoming declines in food prices 17-10-2022 11:43 AM Ammon News - Secretary General of the Ministry of Industry, Trade and Supply, Dana Al Zoubi, said that the citizen began to see a decrease in food prices since June until now. The decline will continue further in the coming period, Al-Zoubi added. Noting that the ministry monitors prices on a daily basis and a weekly report is submitted to officials in the ministry. She pointed out that "oil prices decreased significantly. For example, the price of a large soy tin of 28 dinars, but today its price is 19 dinars, and this decline came gradually." She indicated that if production in Argentina decreased, whether for feed or corn, the effect on prices would certainly be. Red meat prices rose significantly after the month of Ramadan, she explained, but now they decreased. "Imported meat reached 8 dinars and 70 piasters, and now 6 dinars and 70 piasters as for the Baladi, a kilo last April reached 10 and a half dinars, but now it is 9 dinars."

Home Business

Industry: upcoming declines in food prices

17-10-2022 11:43 AM

Ammon News - Secretary General of the Ministry of Industry, Trade and Supply, Dana Al Zoubi, said that the citizen began to see a decrease in food prices since June until now.

The decline will continue further in the coming period, Al-Zoubi added. Noting that the ministry monitors prices on a daily basis and a weekly report is submitted to officials in the ministry.

She pointed out that "oil prices decreased significantly. For example, the price of a large soy tin of 28 dinars, but today its price is 19 dinars, and this decline came gradually."

She indicated that if production in Argentina decreased, whether for feed or corn, the effect on prices would certainly be.

Red meat prices rose significantly after the month of Ramadan, she explained, but now they decreased. "Imported meat reached 8 dinars and 70 piasters, and now 6 dinars and 70 piasters as for the Baladi, a kilo last April reached 10 and a half dinars, but now it is 9 dinars."

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