The Ministry directed a study to determine production costs based on factors including bread type, fuel type, and the sector which the bakery belongs to
The ministerial decision also included the price of Vienna bread at 150 piasters for 50 grams and 100 piasters for 35 grams.
After the additional reduction, the minister confirmed that the starting price for a 1-liter bottle of mixed oil in the markets is now EGP 65.
The minister confirmed that flour prices are stable, as the price per kilo decreased from EGP 28 to 18.
Amidst rising oil prices, the Egyptian government announces plans to subsidize bread production.