Wednesday, January 12, 2011

2011 - A Year of price rise drawing

Prices of essential items to increase further – GN report

The new year has brought with it record global food, oil and commodities price increases. Gulf News looks at how global economic changes have a ripple effect in a day in the life of a consumer. Analysts and retailers predict how current and expected price increases in energy, utilities, and raw materials can add up to hidden charges in your daily expenditure.
Popular hypermarket and supermarket chains across the UAE, already notified by suppliers, await ministry's approval for hiking prices.