Bakery Division on Bread Price Hike
The article discusses the current situation of tourist bread and "fino" bread prices in Egypt. The Head of the Bakeries Division confirmed that prices have so far remained unchanged and that any decisions regarding their increase are still under consideration. He noted that the rise in global wheat prices, which has reached about 4,000 Egyptian pounds per ton, has led to higher production costs, with demands for a 15% increase to cover these new expenses. A crucial meeting is expected to be held next week by the Ministry of Supply to review the study and determine the final decisions, amidst ongoing tensions in the global wheat markets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)