Mocha .. Keeping prices without a drop is a burden on the limited income

English - Wednesday 24 February 2021 الساعة 02:03 pm
Mokha, NewsYemen, Exclusive:

Residents of Al-Mokha city expressed their complaints about the lack of any decrease in the prices of food and Consumables , despite the fluctuations in the riyal since the government returned to Aden at the beginning of the new year.

And they said in individual statements to NewsYemen, despite the decline of the riyal's price against a basket of foreign currencies during the return of the government, we did not see any change in prices, as happens when the riyal falls against the dollar quickly.

They added that the prices remained the same. Indeed, the return of the collapse of the riyal strengthened the adherence of traders to the old prices unchanged.

While the income of families is eroding due to the decline of the riyal, their living conditions are more difficult, as the meager sums they receive are no longer sufficient to support their families.

Abdo Alawi, who works in the educational corps, said that he receives a monthly salary of 84,000 riyals, equivalent to 400 Saudi riyals, but he does not meet the needs of his family of up to six people.

He adds, I try to work overtime after my school shift in several areas, but that does not help in covering the deficit percentage in the family budget.

While wholesalers and retailers attribute the non-decline in prices to the inability of the riyal to maintain the gains it made a month and a half ago, as it witnessed a decline after only one day.

One of the foodstuff merchants said that the price of food products did not change, and that the commercial houses that had reduced the prices of their products returned to the old prices.

Munir Al-Ariqi, director of the Office of Industry and Trade in Mokha, believes that the price reduction is not related to Mokha alone, but rather to other cities, and that this is due to the price of the riyal.

He said that the reduction in prices is associated with the decline in the dollar, which has remained constant, and when it declines, prices will improve without the need to launch monitoring and inspection campaigns on shops.