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Traders say prices of essential commodities are low in UAE

Abu Dhabi : Traders and economists point out that essential goods are available at cheaper prices in the UAE compared to Western countries. Onions and roti are currently up to 50 percent cheaper than in the West. Dairy products, fruits, vegetables, soft drinks etc. are only moderately priced in the country. Government control of prices of essential commodities, low fuel prices and increase in local production have made essential commodities affordable in the country.

Compared to many other developed countries, the UAE According to retailers and economists, the prices of fruits and vegetables are more than 50 percent lower. UAE faces challenges posed by global inflation The general assessment is that the market has not been significantly affected. Prices of rice, oilseeds, wheat, pulses, tea, coffee and cereals are also likely to fall in the coming months. Also taxi fare, fuel, gold, food, electrical appliances, clothing etc. are affordable to the consumer in the country. The Ministry of Economy has earlier clarified that traders do not have the right to increase prices of basic goods in the UAE without permission.

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