Bakery Prices Stable Amid Rejection

Bread industry experts have stated that the prices of tourist bread will remain fixed despite the industry's request for a 12.5% increase due to rising costs of flour and electricity. However, the Minister of Supply issued a directive not to pass this increase onto consumers, instructing that prices and weights be maintained. The directives included setting three fixed weights for tourist bread (80, 60, and 40 grams) with stable prices for each weight, with the proposed increase amounting to 25 piastres per loaf, which typically sells for around 2 Egyptian pounds. The goal is to balance the rising costs while maintaining stable prices for consumers. Additionally, inspection campaigns have been initiated at bakeries to enforce compliance with the established prices and weights, along with the provision of complaint channels to oversee and regulate the market.

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