China's fixed asset investment surges in Jan–May    Egypt, IFC explore new investment avenues    Israel, Iran exchange airstrikes in unprecedented escalation, sparking fears of regional war    Rock Developments to launch new 17-feddan residential project in New Heliopolis    Madinet Masr, Waheej sign MoU to drive strategic expansion in Saudi Arabia    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Egyptian ministers highlight youth role in shaping health policy at Senate simulation meeting    Egypt signs $1.6bn in energy deals with private sector, partners    Pakistani, Turkish leaders condemn Israeli strikes, call for UN action    Sisi launches new support initiative for families of war, terrorism victims    Egypt's President stresses need to halt military actions in call with Cypriot counterpart    Egypt's GAH, Spain's Konecta discuss digital health partnership    EGX starts Sunday trade in negative territory    Environment Minister chairs closing session on Mediterranean Sea protection at UN Ocean Conference    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt discusses urgent population, development plan with WB    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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



Back to school blues
Published in Al-Ahram Weekly on 22 - 09 - 2011

High stationery prices dealt another blow to parents' pockets, Nesma Nowar reports
While thousands of children get ready to step back into the classrooms with schools reopening next week, parents are getting their wallets ready for the necessary back-to-school shopping for their children.
However, many families have been shocked to find that, this year, stationery items have come to cost as much as 25 to 30 per cent higher than last year.
Higher stationery prices have imposed a further burden on families' budgets which have already been strained due to the recent additional expenses of Ramadan and Eid Al-Fitr.
Adel laments the soaring prices of stationery claiming that prices are now triple what she used to pay a few years ago.
Consequently, Adel said that she would have to buy a limited amount of stationery items at the beginning of the school year and would continue buying the rest throughout the year. "My budget is very tight; I would not afford to buy all the items at the same time," Adel told Al-Ahram Weekly.
Notebooks, a major stationary item, have witnessed an increase in prices that ranged from 25 to 30 per cent, according to Khaled Abdu, head of the Chamber of Printing Industries at the Federation of Egyptian Industries. Abdu attributed the price hike to two factors: the increase in the price of paper globally by more than 20 per cent and the increase in the cost of the foreign currency (the dollar) which in turn increases the cost of import activities. "Egypt produces roughly 40 per cent of its needs of paper and 60 per cent are being imported."
Prices of notebooks vary according to size, shape and quality; however, Ahmed El-Sayed, a government employee, who went to buy notebooks for his three children, complained from the very bad quality of paper this year.
Abdu attributed good part of this problem to the entry of many Chinese products to the Egyptian market. He claims importers present the customs authorities with false invoices which do not reflect the real quantity and price of items imported. "This leads to the entry of low-quality Chinese products with lower prices than the local ones on the market."
Therefore, Abdu stated that the chamber has sent many complaints to the Egyptian Customs Authority in order to stop the entry of Chinese products with false papers due to the harmful effect they have on the local industry of stationery. He pointed out that by this situation, Chinese products compete with local products, and because the imports are sold at reduced prices, they are a threat to the local industry and might lead to a halt in production.
Besides notebooks, other stationery items, such as pens and erasers, have also witnessed a price hike that ranges from 25 to 30 per cent. Abdu stated that this is due to the increase in the prices of raw materials needed for production. "Raw materials constitute 85 per cent of the price of a commodity," Abdu told the Weekly. "Increased prices this year are an inevitable consequence," he added.
One employee at one of Cairo's stationery houses affirmed that there is a price increase in stationery this year, adding that the market is stagnant compared to previous years. "People usually started their back-to-school shopping two months prior to the beginning of the school year."
The employee explained that, this year, despite it is only a few days before the beginning of schools, people are not seen pouring into stationery to make the needed shopping. However, he believes that they would start by the beginning of next week when schools actually start.
photo: Mohamed Wassim


Clic here to read the story from its source.