Egypt sees historic increase in prices of essential food items

Shops in Egyptian markets saw price increases for pasta and rice, coupled with rising production costs and rising inflation to historic levels.

Hazem Al-Menoufi, head of food, groceries and spices at the Alexandria Chamber of Commerce, said rice prices have risen in the Egyptian market with prices rising for a number of strategic commodities following increased production. expenses.

The head of food, groceries and spices at the Alexandria Chamber of Commerce added that rice prices have risen in stores, with the price per kilogram ranging from 26 to 30 pounds, after the price per ton rose to between 26,000 and 30,000.

Al-Menofi added that the average price of a tonne of pasta is £20,000, reaching the consumer at an average price of £20 per kilo, indicating that the prices of strategic goods at “Welcome to Ramadan” exhibitions available in all cities and governorates, below. even at discounted prices up to 30%.

Many citizens are looking for food information at “Welcome to Ramadan” exhibitions due to the approach of the blessed month and the desire of citizens to store strategic food items.

Source: Cairo 24

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