Algeria : gradual slump in prices of foodstuffs and fruits on local markets

Echorouk reporters have noted during a tour of several markets in several districts of Algiers a gradual slump in the prices of foodstuffs, fruits and vegetables in comparison with the first days of the holy month of fasting of Ramadhan.

• A local trader told Echorouk reporters on the spot that the prices of fruits for instance varied according to the seasons.
• He said, to this effect, that a slight price-hike would certainly be recorded at the opening of the upcoming autumn season.
• Earlier this week, the trade Minister explained the sudden price hike, registered at the onset of the month of Ramadhan, by the surge in demand.
• He also lashed out on the occasion against those venal traders who indulge in frenzied speculation practises especially during the holy month of Ramadhan.