Egypt meat prices skyrocket 25% as inflation surges ...Kuwait

Fresh meat prices in Egypt have skyrocketed by over 25% in the last week, compounding the economic woes of Egyptians already struggling with a cost of living crisis and spiralling inflation. Red meat, poultry and fish all climbed rapidly, resulting in calls from Egypt's Chambers of Commerce to threaten strike action. Meat consumers in Egypt had to pay an average of 255 Egyptian pounds (around 9 USD) for a kilogram of fresh meat on Friday, jumping from 210 the week before. Many Egyptians have been priced out of meat consumption for years, as high-priced import markets have made animal products a luxury good. Vendors faced angry customers as the price hike hit the

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Last updated : 22 January 2023 clock 04:13 PM

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Egypt meat prices skyrocket 25% as inflation surges ...Kuwait

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