Indonesia: The price of grade A, B, and C chicken eggs will drop by 3 cents per egg

KUALA LUMPUR: The government decided to lower the retail price of grade A, B and C chicken eggs across the country by 3 cents per egg in line with efforts to return the result of subsidy targeting to the people. Prime Minister Datuk Seri Anwar Ibrahim said now, the retail price of grade A, B and C chicken eggs will drop to 42 sen, 40 sen and 38 sen respectively with effect from today. "The provision of subsidies for people's food needs of 10 cents per chicken egg involves an expenditure of RM100 million, while in 2023 the subsidy allocation for chicken eggs is as much as RM927 million," he said in a statement today. The Prime Minister said retail prices for eggs in Sabah, Sarawak and Labuan will also be adjusted according to the gazetted sections and zones. He said the move is in line with current developments which show that there has been a decrease in the input cost of chicken egg production, especially the basic ingredients for chicken feed. "I would like to stress that the ...