Pandemic, online shopping may push clothing prices lower this Eid

RIYADH: Consumers could see lower prices at clothing shops in Saudi Arabia this Eid as retailers try to get rid of stock that has accumulated during the pandemic amid increased online competition.

The increase in value-added tax (VAT) last year has led to higher prices in shops, but rivalry between bricks and mortar retailers and online stores may reduce them, said economist Saudi Al Mutair, according to Al Watan newspaper.