Bread raise for the sixth time in Lebanon

Bread raise for the sixth time in Lebanon


Lebanon In the written statement made by the Ministry of Economy, it was noted that a bag of 875 grams of bread would be sold for 3,750 Lebanese lira ($2.47).

In the statement, it was stated that the weight of a bag of bread, which was 910 grams before, was also reduced to 875 grams.

In the statement of the ministry, it was stated that the increase in bread was due to the increase in wheat prices worldwide, as well as the increase in dollar and fuel prices, the rise in worker wages and the Central Bank’s removal of sugar subsidies used in bread making.

The price of bread, which was increased once in February, twice in March, once “hidden” through weight reduction and twice in June, increased for the sixth time this year.

In a written statement made by the Lebanese Ministry of Economy on 22 June, it was noted that the cost of bread production increased after the Central Bank abolished the sugar subsidy -used in bread-making- and a 910-gram bag of bread would be sold for 3,250 Lebanese lira ($2.25).

In Lebanon, where a new government has not been formed for months, the local currency has lost value against the dollar and the prices of raw materials in bread production have increased, the price of a bag of bread supported by the state was increased to 3 thousand Lebanese liras in March with the latest hikes, and its weight was reduced in April.

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