A rise in legume prices, recession dominates the Egyptian markets

Published 2021년 11월 7일

Tridge summary

The article highlights a slowdown in market activity due to a surge in prices for various consumer goods such as sugar, natural oils, pasta, dairy products, eggs, and spices. Consumers are delaying purchases as essential items like beans, mulli, and flour have seen price increases for a month, while items like rice have remained stable. Notable price hikes include pasta, frying pans, corn oil, beans, flour, and molasses, alongside significant increases in the cost of cumin, black pepper, and cabbage. However, prices for some staples like loose and packaged rice, fava beans, sauce, beans, and cowpeas have remained stable.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The markets witnessed a state of stagnation in the movement of buying and selling during the current week due to the rises that hit most consumer goods, most notably sugar, natural oils, pasta, dairy products, eggs and spices. This made consumers refrain from buying, especially since there are some commodities whose prices have been increasing for a month, including: lentils Beans, mulli, and flour, as well as commodities that witnessed stability and stability in their prices, including rice. Al-Akhbar conducted a field tour to monitor prices in the markets and the movement of buying and selling. The past amounted to 3 pounds, and the price of pasta this week increased by one pound, and the price of pasta “without brand” ranged from 9 to 10 pounds per kilo. Frying ranges from 26 to 28 pounds, and corn oil and beans its price ranges from 33 to 35 pounds.” As for commodities whose price gradually increased during the month of lentils of all kinds, whether it was municipal, which ...

Source: Akhbarelyom