AMMAN, JORDAN – Jordan Minister of Industry, Trade and Supply and Minister of Labor Yousef Shamali said Monday that food prices in the local market declined last month as global prices fell and also as a result of government measures.
In a statement, the minister also attributed the decline to falling oil prices and its impact on production and transport costs.
He said that the ministry is closely monitoring the local market and changes in global prices as it imposed controls to ensure adherence to the industry and trade law and regulatory legislation.
In a comparative study, the ministry found that the prices of 144 food items remained stable or had dropped in October, compared with September, with the prices of 68 commodities decreasing, including vegetable oil by six percent, meat and poultry by eight percent, rice by 4.5 percent and sugar by 3.5 percent.
The prices of vegetables also declined while those of 76 other commodities, including dairy products, remained stable, it said.