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الشرق الأوسط
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الشرق الأوسط

2026-10-19T15:59:15.000Z

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Algeria endorses plan to control inflation

Algeria endorses plan to control inflation

The Algerian government has focused on combating the rising prices observed in the market, especially in the sales of meats, vegetables, and fruits, where some products have experienced significant increases; notably, the price of chicken has risen by 40.5%, and fruits by 22.8%. The government adopted a plan that includes seven urgent measures to regulate the consumer goods market. These measures involve organizing intermediary activities, conducting an immediate investigation into monopoly practices, enforcing strict price controls, stockpiling surplus products to prevent price fluctuations, and establishing a digital database to monitor the market quickly and effectively. These actions come in the context of ongoing annual inflation, which reached 8.3% in August 2026, along with a general rise in consumer prices. The main causes are linked primarily to unconventional financing policies adopted by the government since 2017, which have led to a surge in liquidity and a deterioration in citizens' purchasing power.

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