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Manama Central areas markets report 50% drop in customers

February 23, 2011
0
Dr Hassan Fakhro the Minister of Industry and Commerce at Carefour

In the backdrop of unfolding events in Bahrain, the footfall in the Manama Central Market, adjacent to protestors’ hot spot Pearl Roundabout, has witnessed a 50% drop.

Low demand of grocery and fresh vegetables in Manama push the prices down 20% causing nervousness among the local shop keepers, vendors and suppliers who have been suffering losses for the past 10 days.

This was revealed during the visit of the Minister of Industry and Commerce Dr Hassan A Fakhro on Wednesday morning who inspected Manama and Muharraq Central Market, Ramez, as well as Carrefour Hypermarket in Bahrain City Centre.

The visit was a part of Government’s efforts to ensure the supply and demand at the local markets and tight control over the situation by the Ministry of Industry and Commerce.

During his tour with MOIC officials, Dr Fakhro was briefed on large promotions offers which included many of food commodities and consumer goods required throughout the year. General Manger of Carrefour Joe Younis stressed the availability of all consumers’ goods. He added that many of prices dropped especially vegetables and fruits.

At Manama Central Market, Ibrahim Al Amir confirmed that the prices of vegetables and fruits have been decreased by 20% due to large increase in supply and low demand especially in Manama City.

In regard to meat, butchers affirmed the availability of meat and quantities available cover current demand. Director of Bahrain Livestock Company Ibrahim Salman said that the company has supplied 2800 head of sheep in the market, avoiding any shortage in the demand of red meat.

During a visit to Ramez in Manama, official confirmed the availability of consumer’s good and food, however, the market movement in Manama area has decreased by 50%. Noting that market movement in other branches such as Isa Town, Muharraq and others are working normally. Ramez official confirmed that there are a lot of promotions on many consumer goods.

Dr Fakhro also visited Muharraq Central Market and was briefed on supply, where traders and suppliers confirmed the stability of market.

Tags: Bahrain Protests
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