Egypt Sets Out Price Caps for Unsubsidised Bread to Curb Manipulation

Egypt’s Ministry of Supply and Internal Trade has confirmed the maximum prices for unsubsidised “tourist” bread as part of efforts to prevent price manipulation.

The price ceiling for an 80-gram loaf is two Egyptian pounds, according to the ministry.

A 60-gram loaf has a maximum price of 1.5 Egyptian pounds. Both figures are ceilings, rather than prices that sellers may exceed.

The announcement concerns bread sold outside the subsidy system. Although fino bread was also mentioned in the pricing notice, the details provided did not specify its price or loaf weight.