MAY 6, 2024 JLM 56°F 11:14 PM 04:14 PM EST
Israel: Bread prices expected to rise by 20%

'I call on merchants to consider a partial increase in bread prices out of respect for consumers'

The price of bread in Israel is expected to increase by 20 percent starting Sunday as a result of a global rise in wheat prices, Economy and Industry Minister Orna Barbivai announced Wednesday.

"In view of the conditions defined by the law, the price of regulated bread will probably increase as of Sunday, by about 20 percent, but I intend to continue to work to improve the mechanism by which product prices are updated so that social considerations and the public good are taken into account," said Barbivai.

As reported by i24 News
Image source: Avshalom Sassoni/Flash90

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Comments
Ronald Smith 14:52 14.07.2022
In America inflation hit 9.1% in June I can't wait to see how much the Democratic Party screws up America in the next 6 months. God-bless Israel.
La Jun 09:25 14.07.2022
Yes Stock market will crash. Paper dollars will gone. Economic revival is on the horizon. #Gold&Silver
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