{"id":3084,"date":"2021-10-25T15:23:00","date_gmt":"2021-10-25T15:23:00","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level"},"modified":"2021-10-25T15:47:23","modified_gmt":"2021-10-25T15:47:23","slug":"inflation-decreases-as-demand-and-supply-reach-equilibrium-level","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level","title":{"rendered":"Inflation decreases as demand and supply reach equilibrium level"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>Traders and consumers over the weekend were overwhelmed by the market changes resulting in the decrease in the prices of essential commodities in the market. This came after anassessment interview was carried out by Juba monitor with traders and consumerstowards current market situation.<\/p>\n

Osman Ahmed a trader who imports clothes from Dubai said that, the devaluation of the hard currency has simplified the cheap movement of goods that they normally bring abroad.<\/p>\n

\u201cSince Dollardevaluated, we have at least experienced that prices of goods and services havereduced making it easy for us to also reduce the prices of our stock. What keptup previously to increase prices of our commodities was the tax imposed on usby the government and the transport cost we incurred while bringing our goodsfrom the point of purchases\u201d he said.<\/p>\n

Ahmed furthermore addedthat they were not happy with the cumulative tariffs that government haveimposed on their businesses. We were not happy withthe cumulative taxes imposed on us by the national and the local government.Taxes on garbage, imports, sales and PIT have made our businesses run on loss but now, chamber of commerce has made effort to ensurethat taxes are mitigated.<\/p>\n

However, Nuela Itiya, abuyer who went to purchase food items in the market reiterated that, at leasther family was able to eat three meals a day compared to previous days whenprices were high due to increase of prices of goods by domestic andinternational traders.<\/p>\n

\u201cAt least seven of mychildren are able to have three meals a day compared to before. When priceswere high, my little disposable income was unable to feed all of us since myhusband lost his job during the outbreak of the pandemic in the Country leadingto the recession of the economy. I thank the government especially the chamberof commerce for having contributed in balancing the market prices\u201d Shereiterated.<\/p>\n

The impact in themarket equilibrium happened due to series of meetings held by the chamber ofcommerce with the national trade Union some weeks ago. Robert Pitia thechairperson of chamber of commerce earlier said, traders should at least reduceprices of goods that shot up due to the fuel issues that happened at the borderbetween Uganda and South Sudan.<\/p>\n

For More News And Analysis About South-Sudan<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Sudan. Traders and consumers over the weekend were overwhelmed by the market changes resulting in the decrease in the prices of essential commodities in the market. This came after anassessment interview was carried out by Juba monitor with traders and consumerstowards current market situation. Osman Ahmed a trader who imports clothes from Dubai […]<\/p>\n","protected":false},"author":84,"featured_media":3083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,1399,1400,233],"class_list":["post-3084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-sudan","tag-equilibrium-level","tag-inflation","tag-south-sudan"],"yoast_head":"\nInflation decreases as demand and supply reach equilibrium level - South Sudan<\/title>\n<meta name=\"description\" content=\"Traders and consumers over the weekend were overwhelmed by the market changes resulting in the decrease in the prices of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation decreases as demand and supply reach equilibrium level\" \/>\n<meta property=\"og:description\" content=\"Traders and consumers over the weekend were overwhelmed by the market changes resulting in the decrease in the prices of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-25T15:23:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-25T15:47:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2021\/10\/img-6176d1580574c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"391\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Inflation decreases as demand and supply reach equilibrium level\",\"datePublished\":\"2021-10-25T15:23:00+00:00\",\"dateModified\":\"2021-10-25T15:47:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\"},\"wordCount\":382,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2021\/10\/img-6176d1580574c.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"equilibrium level\",\"Inflation\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/inflation-decreases-as-demand-and-supply-reach-equilibrium-level\",\"name\":\"Inflation decreases as demand and supply reach equilibrium level - 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