“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt ...Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of the House of Representatives Hanafi Jabali regarding the rise in commodity prices and the exploitation of citizens by “greedy” merchants. In a statement issued Thursday, Turki warned that merchants take advantage of low-income Egyptian citizens, unjustifiably raising prices to the point that commodity prices are rising “every hour”. He urged the necessity of returning “forced pricing” in an effort to curb the greed of merchants and provide social protection for ordinary citizens. Prices are rising to an “insane” degree, Turki noted,  devouring both low-income and well-off citize

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