AMMAN — The head of the Jordan Chamber of Commerce, Nael Kabariti, told
Jordan
News that commercial activity nowadays is slow due to clear deterioration
of the citizen’s purchasing power compared to previous years.
اضافة اعلان
Kabariti said that at the beginning of the COVID-19
pandemic, purchasing power was greater because the government provided
financial liquidity, but in time, “the lack of economic recovery, the decline
in economic growth, and the lack of income led to the weak purchasing power of
the consumer in the current period”.
He called for a change in the consumption pattern,
suggesting that citizens “not buy more than their needs, not waste and not
hoard goods”.
The head of the Amman Chamber of Commerce, Khalil
Haj Tawfiq, told
Jordan News that purchasing for the month of Ramadan
this year witnessed a significant increase compared to the last two years,
adding that there is an increase in the prices of goods, which “has led to
awareness about the consumer culture” and made “citizens adapt to the rise in
prices”.
Haj Tawfiq said that the increase in sales, expected
for the next two days, is due to two main reasons: “that Ramadan, this year,
coincided with the payment of salaries, and the abolition of restrictions that
were imposed during the pandemic, and this will contribute to an increase in
family meetings and banquets”.
Shop owner Yasser Al-Abadi told
Jordan News that purchases in preparation for the month of Ramadan were satisfactory,
compared to the past two years, adding that the psychology of the consumer (due
to the absence of restrictions caused by the pandemic) “led to an increase in
the demand despite the economic conditions and the high prices”.
Nabil Al-Farid, commercial director of one of the
commercial markets, told
Jordan News that the purchasing power of the
consumer has increased compared to the past two years, despite the increase in
the prices of some basic products such as oil, milk and sugar.
He also said that “the consumer culture has changed,
as people only buy what they need”.
Executive Director of the
Consumer Protection Society Maher Al-Hajjat said that purchases seem to have
gone up despite the 25 percent increase in prices. Still, “consumers today tend
to buy basic needs rather than buying luxuries”.
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