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Ethnic stores feeling pinch from weakening dollar

Ethnic stores feeling pinch from weakening dollar

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SALT LAKE CITY (AP) -- Some Utah stores that sell imported ethnic food are feeling the pinch from rising fuel costs and the weakening dollar overseas.

Those factors have pushed up prices and left customers reluctant to pay more for foreign products.

Michael Mamo, a Westminster College economics professor, says weaker currency abroad always makes it difficult for importers.

Gutama Hunde, an Ethiopian native who owns the African Restaurant and Mini Mart in Salt Lake City, says in recent months, the store has stocked less and less lamb and goat meat, a favorite staple for African customers.

Pamela Perlich, an economist with the University of Utah, says larger and more established Asian and Latino markets may be faring better because there's more of an established customer base.


Information from: The Salt Lake Tribune

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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