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Caution on Increasing Bread Costs

Caution on Increasing Bread Costs

Under the headline "Warning of Rising Bread Prices," Nasser Surour, head of the Bakery Syndicates Union, visited to discuss how the increase in fuel, wheat, and flour prices will inevitably lead to higher bread costs, given that its price is calculated based on raw material costs and exchange rates. He explained that the price of a ton of diesel has gone up from $1,430 to $1,500, alongside ongoing increases in wheat and other material prices, making it difficult for the sector to bear these new costs and predicting that the upward trend will continue. He emphasized that the only solution is direct government support for bread, but current financial conditions prevent this. He called on friendly countries to intervene through grants to help Lebanon reduce costs, warning that ongoing wars and their impact on energy and milling prices further complicate efforts to stabilize bread prices in the market.

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