Saudi Arabia, Cyprus agree visa exemption for holders of diplomatic and special passports    Saudi Arabia marks 8th anniversary of Vision 2030, showcasing monumental progress and strategic achievements    Lt. Gen. Al-Bassami: 28 Public Security units in Saudi Arabia to exchange information on human trafficking    MWL session affirms global Islamic unity, tackles challenges    Al-Ahsa Airport to double capacity to accommodate 100 million passengers a year    L'Oréal dermatology conference emphasizes sustainability in Riyadh edition    Saudi internet penetration hits 99% while online shopping jumps to 63.7% in 2023    Biden keeps needling Trump as he walks a tightrope over his rival's trial    Ukraine uses longer-range US missiles for first time    At least 32 dead as flash floods sweep through half of Kenya    Russia vetoes US-backed UN resolution to ban nuclear weapons in space    Riyadh Season announces first overseas event with boxing gala in Los Angeles    Riyadh to host Saudi-UK expo "GREAT FUTURES" in May    Belgian man whose body produces alcohol in rare condition acquitted of drunk driving    Al Hilal's comeback effort falls short in AFC Champions League semi-finals    Australian police launch manhunt for Home and Away star Orpheus Pledger    Spice Girls reunite at Posh's 50th birthday    Swedish rider Eckermann wins 2024 Show Jumping World Cup in Riyadh    Aspiring fencer Josh Brayden aims for Olympic glory    Revenues touch SR3.7 billion in Saudi cinema sector since 2018    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Inflation burdening parents as schools open next week
Published in The Saudi Gazette on 27 - 08 - 2012

As schools gear up to open next week, salesmen stock their stores with various school supplies. — Okaz photo

Amal Al-Sibai
Saudi Gazette
Schools will start in a week's time and stationery shops are now flooded by children and their parents, instead of grocery stores and sweet shops during Ramadan and Eid in the past week.
However, stocking up on Ramadan foods followed by shopping for new Eid clothes and gifts, and then purchasing school supplies and paying exorbitant amounts of tuition fees has come up as a severe financial blow for most parents in the Kingdom.
Some residents who spoke to Saudi Gazette said that there has been an unjustifiable increase in prices on all commodities in general in Jeddah. For example, ever since the government imposed a ban on taking service charges from customers, they have gradually raised the prices of most of the dishes in their menus.
“It is our family tradition to dine out for lunch on the first three days of Eid to celebrate and for me to relax from the task of cooking. Even at average restaurants, not to mention the five star ones, the prices have drastically increased. I want to know why carbonated beverages at restaurants range between SR7 to as high as SR12 at some places. The same bottle of drink can be purchased for SR1.5 at the grocery stores. Why do we have to pay him five times the original price?” complained Farah Muhammad, a resident of Jeddah.
The average Saudi family spends no less than SR500 on a regular trip to the grocery store for just basic needs. On average, with slight discrepancies between one store and another, these days a kilogram of tomatoes costs SR10.95, cucumbers SR6.95, green beans SR10, Australian carrots SR10.95, boneless skinless chicken breasts SR18, and a large 5kg bag of rice around SR35.
When the main breadwinner of the family earns a modest salary which is to be split between rent, car, gasoline, food items, school supplies and fees, even a small inflation in prices can lead to financial hardships.
Adel Al-Ghamdi, a young Saudi father, was so disgruntled and fed up with the increasing financial demands he has been running into that he is seriously contemplating to move to another city like Al-Baha where the cost of life on basic items are less.
Al-Ghamdi however highlighted an important point that almost all people tend to overlook. We usually blame merchants and businesses for hike in prices and for driving families into financial distress, but the truth is that as consumers we live in a culture that dictates us to spend exorbitantly.
“Both my wife and I are working, yet our combined salaries are not enough to cover our expenses and our desires for finer things. During the first week of Ramadan we extravagantly spent on food staples such as dates, lentils, oats, apricot paste for juice. Some of the leftover items are still sitting in the cupboard one week after Eid. Our society expects women to wear new and fancy clothes on each day of Eid. Now with schools around the corner I am in serious financial trouble. I have received a job offer in Al-Baha and I am thinking of taking it because I believe that life over there is simpler and expenses will be less burdensome,” Al-Ghamdi said.
Economic analyst Talaat Hafith said, “In effect, it is not the season or the time of year that drains the pockets of most families, it is their lack of financial planning and thinking ahead. Our culture is in serious need of well informed money management skills. It is disappointing to find that the concept of saving up for a rainy day, or allocating a fixed monthly budget for entertainment are some common aspects which are almost absent in many Saudi families.”


Clic here to read the story from its source.