Egyptian food prices increased during Eid Al-Fitr 2021

Dr. said. Medhat Al-Fayoumi, Head of the Sweets Division at the Chamber of Commerce in Dakahlia, said that the prices of Eid al-Fitr sweets “cakes, biscuits, petit four and Ghariba” are witnessing an increase of 5-10% compared to previous years. He explained to “Amwal Al-Ghad”, that this is due to the increased cost Raw materials by a rate ranging between 35-40%, as the prices of “flour, sugar, municipal ghee, and vegetable margarine increased.” Al-Fayoumi emphasized that despite the increase in the cost of production, the stores tried to absorb a large part of it, especially since the consumer would not accept or accept Purchasing in the event of increased prices, and a desire by the stores to break the state of recession that they are experiencing, and he added that there is a state of movement in the market in the past days compared to what happened last year, which witnessed a severe recession as a result of the repercussions of the Corona virus and the accompanying ...