A new increase in the prices of Queen and Italiano pasta in the markets of Egypt, starting from April 1

Published 2024년 4월 1일

Tridge summary

Starting from April 1, notable companies in the food industry, including the Queen and Italiano pasta brands, have announced significant price hikes for their products, despite a reduction in flour prices and the dollar's depreciation against the pound. Queen Pasta's prices have surged for various package sizes, with a carton of 20 packages of 1 kilo pasta now costing 298 pounds and lasagna priced at 217 pounds. Similarly, Italiano pasta's prices have increased, with a 400-gram carton now at 402 pounds and a kilogram carton at 435 pounds. Macaronto has also raised its prices, with a 290-gram carton of 20 now at 178.5 pounds. These price increases have been criticized as unjustified by sources within the Foodstuffs Division of the General Federation of Chambers of Commerce.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Successive increases announced by a number of companies operating in the food industry, including an increase in the prices of Queen and Italiano pasta, will be implemented starting today, April 1, after prices calmed down over the course of last March. Al-Mal learned from sources in the Foodstuffs Division of the General Federation of Chambers of Commerce that Queen Pasta has raised its prices in different proportions according to the size of the package, explaining that the increases are unjustified, especially since there is a decline in flour prices in the markets and a decline in the price of the dollar against the pound in local banks. Al Mal obtained a copy of the new price increases for Queen and Italiano pasta, which are as follows: The price of a queen carton of 20 packages weighing 1 kilo increased to 298 pounds instead of 296 pounds, and the price of a queen carton of lasagna increased to 217 pounds instead of 191 pounds. While the prices of Italiano pasta also ...
Source: Almalnews

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