05.11.2008 - Prices of essential commodities to drop by 10 to 20 per cent
From Khaleejtimes.com: Amid all the gloom of the global meltdown, news of layoffs and high inflation, this is one piece of news that could bring some cheer to the residents of the UAE. Prices of essential commodities are expected to come down by 10 to 20 per cent, say market sources. The global financial crisis which hit the international markets badly led to the drop in the price of oil from more than $130 per barrel to $60. This would have a positive impact on the prices of essential commodities in the coming few weeks..... Full Article: Source xfile=/data/theuae/2008/November/theuae_November95.xml§ion=theuae
Print