Baghdad markets see weaker pre-Eid shopping activity
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Pre-Eid shopping activity in Baghdad’s markets has fallen noticeably this year. Rising prices and regional tensions have had a negative effect on commercial activity in the city.
Consumers are spending more cautiously, and the drop in families’ purchasing power has prevented the markets from reaching the expected level of traffic. Markets that are usually crowded during the holiday period have instead seen quiet and stagnation.
