Israel: Bread prices expected to rise by 20%
Newsrael News Desk 14.07.2022
'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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