Prices of non-subsidized bread expected to decrease: Official ...Egypt

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The Secretary General of the Bakeries Division of the Federation of Egyptian Chambers of Commerce, Mohamed Abdel-Gawad, said that the price of non-subsidized bread will see a new decrease during the coming week, with the meeting of the Pricing Committee of the Ministry of Supply and Internal Trade to discuss pricing for a loaf of bread. During a Saturday evening phone interview with Al-Hayat satellite channel, Abdel-Gawad explained that bakeries are waiting for the meeting of the Pricing Committee to reduce the price of the tourist loaf of non-subsidized bread to LE 1.25 instead of LE 1.5. Abdel-Gawad added that this comes in light of the decrease in the price of flour by about LE 200, despi

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