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المصري اليوم
Sanitary ware prices rise 15 amid slowdown
The prices of sanitaryware in the Egyptian market have seen an increase of between 10% and 15% in recent times, due to the rise in the dollar exchange rate, which has surpassed 54 Egyptian pounds, as well as the higher costs of raw materials and shipping caused by the repercussions of the U.S.-Israel war on Iran. The devaluation of the dollar has led to a market slowdown of approximately 30% to 40%, with the market also suffering from increased import costs from Europe, Turkey, and China. Experts expect that a reduction in the dollar rate, brought down to levels between 49 and 50 pounds through banking measures, will directly reflect in lower prices for sanitaryware.
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