Minister of Industry, Trade and Supply and Minister of Labor Yousef Shamali said Monday that food prices in the local market continued to recover last month, with most commodities dropping as global prices declined and as a result of government measures to curb price hikes.
In a statement, the minister also attributed the decline to falling oil prices and its impact on production and transport costs, noting 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, 6 percent, meat and poultry 8 percent, rice 4.5 percent and sugar 3.5 percent.
The prices of vegetables also declined while those of 76 other commodities, including dairy products, remained stable, it said.
Source: Jordan News Agency