Algerian Minister of Interior, Saïd Sayoud, has stated that the government is closely monitoring the evolution of prices in national markets, particularly the surge in several fruits and vegetables. He emphasized that authorities will intervene to put an end to excesses and preserve citizens' purchasing power. Sayoud described the price increase as unjustified and criticized what he termed as greedy behavior impacting the population directly.
Sayoud expressed his indignation at the price of tomatoes reaching 200 Algerian dinars in August, a phenomenon he had never witnessed in his 60 years of life. He argued that this price level even prevents the middle class from easily procuring these seasonal products. The minister directly warned market actors, stating that anyone who loves Algeria and Algerians would not sell tomatoes at 200 DA in August.
The minister affirmed that the state is present with the necessary force and will take measures to regulate the market. He clarified that the objective is not to harm traders or farmers but to guarantee a fair profit margin for each while combating speculation. Sayoud exempted small farmers and traders from direct responsibility, instead pointing to the multiplication of intermediaries between producers and consumers as a factor in the artificial explosion of prices.
Regarding the surge in poultry prices, Sayoud attributed it to significant losses in the sector due to fires in several eastern regions and intense heatwaves. However, he was optimistic that the situation would return to normal in the coming days. The minister also explained that the increase in imported products is linked to external factors, including the rise in maritime freight costs and insurance premiums for goods crossing strategic waterways.
Sayoud recalled the state's unwavering support in the face of natural disasters, confirming the completion of compensation operations for affected individuals in accordance with the President's directives. This aims to preserve economic and agricultural stability. He highlighted the sector's performance, citing a record agricultural production of $37 billion in 2025 and a wheat harvest of 42 million quintals.
The minister called on all economic actors and traders to respect commercial ethics and consider citizens' social conditions. He emphasized that strength lies in unity and solidarity. Sayoud's statements come as part of the government's efforts to address the surge in food prices and ensure market regulation.
The issue of food prices remains a significant concern for Algerian citizens, with many calling for urgent measures to alleviate the pressure on household budgets. The government's response, as outlined by Sayoud, aims to balance the needs of producers, traders, and consumers while maintaining economic stability.
Key points
- The Algerian government is taking steps to regulate the market and combat speculation.
- The surge in food prices is attributed to various factors, including speculation, intermediaries, and external factors.
- The government aims to guarantee a fair profit margin for producers and traders while preserving citizens' purchasing power.
