The typical family spending elevated by 18.2% through the month of Ramadan in comparison with different months of the yr, in keeping with Concern N° 27 of the Excessive Fee for Planning (HCP) temporary.
Titled “Family Budgets in Ramadan,” the temporary revealed that this improve reached 15.4% in city areas and 4.8% in rural areas, with 92% of the rise pushed by city spending.
The HCP highlighted that Ramadan spending surged throughout all social lessons, notably 8.4% for the underprivileged 20%, 9.7% for the center class, and eight.9% for the richest 20%.
In comparison with different months, the report famous that the funds allotted for diet elevated by 17.8% throughout Ramadan, with a 19% improve recorded in city areas, 4.5% in rural areas, 3.3% for the least prosperous households, 11.9% for the center class, and 12.5% for probably the most prosperous households.
The HCP additionally talked about that Ramdan boosted consumption of dairy merchandise (35.8 L per family on common in comparison with 23.7 L month-to-month in different months), eggs (52.2 models in comparison with 39.4 models), meat (15.1 kg in comparison with 11.3 kg), fish (6.8 kg in comparison with 5.2 kg), fruits (54.3 kg in comparison with 22.9 kg), and greens (55.1 kg in comparison with 48.3 kg).
Nonetheless, solely slight will increase had been registered in grains and grain-derived merchandise (77.4 kg per family in comparison with 72.7 kg throughout different months), sugar and sugary merchandise (11.0 kg in comparison with 10.0 kg), butter, oils, and different fat (10.4 kg in comparison with 9.6 kg), and occasional, tea, and fragrant herbs (2.8 kg in comparison with 2.3 kg).
As for non-food expenditures, HCP mentioned that they elevated by 18.5% throughout Ramadan, primarily in city areas by 13.4% and to a lesser extent in rural areas by 5.1%.
This improve, in keeping with the report, is famous at 13.2% for the least prosperous 20%, 8.1% for the center class, and seven.2% for probably the most prosperous 20%.
It’s primarily attributed to elevated spending on transportation by 61.9%, medical care by 28%, leisure/schooling by 25.7%, communications by 25%, and housing and power by 12.7%, with clothes bills reducing by 11.5%.