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Prices increase for 32 staple foods in July

15:00 - 28 August 2023

Economy Reporter

The July 2023 Prices Observatory conducted by the Consumer Protection Service (CPS) recorded increased prices for 32 out of 45 categories of staple foods, according to a relevant press release.

A price reduction was recorded for 13 staple food categories. There was an overall price increase of 1.21% compared to June, which is attributed to the increased prices of fresh and processed agricultural products.

The press release noted that the most significant price increase was recorded in greens by 25.3%, frozen fish by 2%-5.5%, sugar by 3.7%, coffee by 3.3%, and water by 3.3%. A 5.7% reduction was recorded in gas cylinders, 15% in fresh fish, 2.8% in condensed milk, 1.2% in pulses, and 1.2% in baby food.

The increase in prices reflects the 8.9% inflation in food prices during the first semester of 2023, the CPS noted.

(Source: CNA)

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