Tomatoes and onions rate hike between war
War In The Middle East: The war between the US, Israel and Iran has engulfed the Middle East and its flames are now reaching the entire world. Amid the attacks, oil-producing countries have announced a reduction in crude oil production, while the closure of tanker traffic in the Strait of Hormuz has deepened the global oil and gas crisis. This global unrest is directly affecting inflation in the United Arab Emirates, where the prices of everyday vegetables like tomatoes and onions have increased sharply, causing hardship to the common man.
In just two days, the price of this vegetable has skyrocketed, affecting the market. The UAE Ministry of Economy has blamed the temporary price hike on the regional crisis. The price of tomatoes in supermarkets has increased by about 250 rupees per kilogram. Similarly, the price of onions has also increased amid the war. Last week, onions were being sold for 4 dirhams per kilogram, but now it has reached 7 dirhams per kilogram, or 175 rupees. Local residents say that such a price hike has affected their daily lives.
However, following reports of price hikes on essential daily necessities, the UAE-wide Department of Economic Development has jointly deployed special inspection teams, who are now conducting daily inspections through a joint national monitoring team to prevent unreasonable price hikes. However, the general public has welcomed the decision.
According to the report, the government controls the prices of edible oil, dairy products, rice, sugar, poultry, pulses, bread, and wheat in the UAE. It is illegal to increase the prices of all these items without the government’s permission. However, the government is making every effort to ensure that essential items are available in the UAE. With this, there are many options for consumers.
