The price of a subsidized loaf of bread in Egypt has increased by 300%.

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The decision to increase the price of subsidized bread takes effect today, Saturday, June 1, 2024, in line with the decision of the Egyptian Council of Ministers. The new price of a loaf of bread is 20 piasters, up from 5 piasters.

Local Egyptian bread oven workers preparing bread to sell it to the public in Al-Sayeda Zeinab neighbourhood- Cairo.

Local Egyptian bread ovens.

Local Egyptian bread oven workers preparing bread to sell it to the public in Al-Sayeda Zeinab neighbourhood- Cairo.