Sunday 19/October/2025 – 09:35 AM
Member of the Foodstuffs Division, Hazem Al-Munoufi, confirmed that the prices of food commodities have not witnessed any increase, and that the markets are completely stable, on the first actual working day after the implementation of the Automatic Pricing Committee’s decision to increase the prices of gasoline and diesel, as of Friday, October 17, 2025.
A member of the Foodstuffs Division said, in his statements, that the field follow-up tours on the morning of Saturday, October 18, showed a broad commitment from merchants and suppliers to maintaining current prices, without passing any increases on to the consumer, out of awareness of the sensitivity of the market and the weak purchasing power of citizens.
The dollar exchange rate declined
Al-Menoufi explained that several basic factors contributed to maintaining price stability, most notably: the stability and decline of the dollar exchange rate, which contributed to reducing the cost of imports and production inputs, the improvement of supply movement and the availability of goods in large quantities, which prevents the occurrence of any bottlenecks that lead to higher prices, weak demand in the market and consumer caution, which prompts merchants to stabilize prices to maintain sales activity.
He added: The state’s move towards reducing interest rates will reduce the burdens on producers and suppliers during the coming period, with the continuation of government initiatives to provide goods at competitive prices through official consumer complexes and outlets, and daily oversight from the Ministry of Supply and the concerned authorities, to prevent any exploitation or unjustified raising of prices.
Al-Menoufi stressed that the Egyptian market has become more mature and able to adapt to changes, adding: We reassure citizens that the prices of food commodities are fixed, and there is no justification for increases at the present time. The markets are under control, supervision continues, and the consumer will not bear any additional burdens.
