AMMAN — A member of the board of directors of the
Amman Chamber of Commerce, Asaad Al-Qawasmi, has revealed that the
clothing sales in
Jordan have witnessed a significant decline, with an average drop of 60–70
percent during the current season.
اضافة اعلان
This decline comes despite a brief surge in market activity
two days before the
Eid Al-Adha holiday. Unfortunately, the markets have since
returned to a state of stagnation and recession, dashing hopes of a
post-holiday boost, said Qawasmi.
According to Jo24, Qawasmi highlighted that the
peak of the summer season usually occurs during the month of Ramadan and the subsequent
holidays. However, this year has seen a notable decline in market activity,
with only 20–30 percent of the imported goods intended for the summer season
and holidays being sold.
Tourism activity and clothing tax
In addition, the anticipated increase in tourist activity
and the return of expatriates failed to contribute to market revitalization.
The high prices of clothing in comparison to neighboring
markets deterred potential buyers, and merchants experienced a
lack of shopping tourism due to the burdensome taxes imposed on clothing, which currently stand
at approximately 32 percent.
Qawasmi emphasized the need to reconsider these taxes in
order to
stimulate market growth.
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