Business | Markets
Fish prices across country shoot up
Dubai and Abu Dhabi supermarkets have increased fish prices by as much as 69 per cent in three months, according to date collected by the UAE Ministry of Economy, as the fishing community continues to reel from the effects of Cyclone Gonu.
- By Cleofe Maceda, Staff Reporter
- Published: 23:38 May 3, 2009
- Image Credit: Gulf News Archive
- The cost of UAE-sourced shaari fish by 68 per cent, from Dh10 per kilo in March to Dh16.90 this week.
Dubai: Dubai and Abu Dhabi supermarkets have increased fish prices by as much as 69 per cent in three months, according to date collected by the UAE Ministry of Economy, as the fishing community continues to reel from the effects of Cyclone Gonu.
Click here for selected commodities prices (pdf)
The latest price basket figures showed that French food retailer Carrefour Dubai raised the cost of UAE-sourced shaari fish by 68 per cent, from Dh10 per kilo in March to Dh16.90 this week. Likewise, LuLu Centre increased its price by 46 per cent, from Dh10.90 to Dh15.90 per kilo.
Carrefour's outlet in Abu Dhabi posted the highest increase, selling the same item for Dh16.95 per kilo - 69 per cent more expensive than three months ago.
Fishermen in the UAE earlier predicted fish prices would soar, after Cyclone Gonu battered Oman and destroyed fishing boats.
The survey also revealed a significant increase in the price of US-supplied red apples at Carrefour, which marked up the price by 44 per cent, from Dh3.90 to Dh5.65 per kilo, the most expensive in Dubai. However, LuLu Centre stuck to its old price, while Union Cooperative Society slightly increased the price by 15 fils per kilo.
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For Dubai shoppers eyeing the best deals in fruit and meat, LuLu Centre is a good choice. The store continued to sweep away the competition by offering 24 items with the lowest price, compared to Union Cooperative Society with six and Carrefour with five.
Watermelon from Iran was sold for 70 fils per kilo at LuLu, compared to Dh1.25 at Carrefour.
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