In the United Arab Emirates, the rise in the price of poultry just before Ramadan goes badly

In the United Arab Emirates the rise in the price

This Thursday, March 23 begins the Muslim fasting month of Ramadan. A month during which food consumption is paradoxically higher. Given the global context, the faithful will be affected this year by inflation on foodstuffs, as in the United Arab Emirates.

With our correspondent in Dubai, Nicolas Keraudren

UAE authorities last week approved a 13% rise in the price of eggs and poultry. It is a decision that did not fail to react in the United Arab Emirates.

For some citizens and residents of the country, the increase in the price of these two very popular products is a measure ” incomprehensible “. It was validated by the Ministry of the Economy only a few days before the start of Ramadan. For others, it is on the contrary justified “. This month is traditionally a period of high consumption.

Temporary measure, according to the authorities

In this country where nearly 90% of food is imported, eggs and poultry are often produced locally. But the price of the materials used in their production, such as seeds for example, as well as their shipment have increased, in particular because of the war in Ukraine. What prompted retailers to request this increase.

This measure should in any case be canceled or modified within six months, specify the authorities. At least, if the justifications that allowed this increase are no longer relevant.

►Also read: Report – Tunisia: preparations for the month of Ramadan under high economic tension

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