Growing concerns as prices surge during ‘Support Local’ campaign

Growing concerns as prices surge during ‘Support Local’ campaign

 

AMMAN — Advocates of the “Support Local” campaign are expressing concerns over a noticeable increase in prices for locally manufactured goods.

In response to the ongoing aggression in Gaza, Jordanian consumers initiated a boycott against products affiliated with the occupation, extending it to companies with research and development centres in occupied Palestine or those having sister companies supporting the occupation. 

This movement gained momentum, leading consumers to shift towards locally produced alternatives, thereby boosting demand for such products. However, consumers are now asserting that prices have surged alongside this heightened demand.

While the campaign aimed to stimulate local businesses and decrease reliance on imports, some argue that it may have unintended repercussions.

Economist Khaled Salameh told The Jordan Times that prices are primarily governed by principles of supply and demand. 

“As demand for locally manufactured goods increases, producers may respond by adjusting prices to meet the new market dynamics,” Salameh added.

Salameh highlighted that the delicate balance between fostering domestic businesses and maintaining affordability for consumers is a challenge that policymakers and businesses must navigate to ensure the sustainability and success of such campaigns. 

Balancing the economic aspects with the social and patriotic motives behind the campaign becomes crucial for achieving the desired outcomes without adversely affecting