Egypt has capped the price of unsubsidized bread in an attempt to offset rising food prices after Russia's attack on Ukraine cut off access to cheap grain from the Black Sea.
Prime Minister Moustafa Madbouly on Monday capped bread sold at retail at 11.50 Egyptian pounds per kilogram (€0.60), his office said.
Food prices have been rising in Egypt since before the Russian invasion of Ukraine, but now bread - a politically symbolic staple on which many Egyptians depend heavily - is becoming more expensive as Black Sea wheat exports are disrupted.
(CNA)
CNA - Reuters
Contents of this article including associated images are owned by CNA
Views & opinions expressed are those of the author and/or CNA
Source
