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Price and Weight of Standard Pack of Bread to Increase Saturday

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The price and weight of the standard pack of bread will be raised on Saturday amid a warning by Economy Minister Nicolas Nahhas to bakeries against manipulating the price, reported al-Akhbar newspaper on Saturday.

The price will now stand at L.L.2,000 for a 1,200-gram pack, it said.

He made his announcement after a meeting with the Bakeries Union on Friday.

He revealed that the price of a 900-gram pack will remain at L.L.1,500.

Nahhas also revealed a proposal to introduce a1,800-gram pack at the cost of L.L.3,000.

The Union had previously warned that it would stage a strike over the rise in price of diesel fuel and raw materials.

The strike was called off after an agreement was reached to subsidize flour with LL70,000, meaning that the bakeries will receive a ton of flour at the cost of LL440,000 instead of LL510,000.

Comments 3
Thumb jcamerican 12 May 2012, 05:30

Is this a joke? It all adds up to 300grams = 500 LL. How about 2100 gram package for 3500 LL.

Thumb slash 12 May 2012, 06:37

Raise the wages without any study ... we see how they are improving lebanese life lvl , but you ll still have chimps like Mowaten FT and Kessrweneh praising the gvt for things they didnt get yet!

Thumb slash 13 May 2012, 07:16

you want to talk about other countries mmmm let us say that thyose countries do not rely on bread like we do in the arab world , the other countries eat more rice / corn so your argument is not valid ... after that bread is considered one of the basic needs like milk and sugar so in economics ya 7aboub when the inflation begins touching the basic needs prices it is not really a good sign and it is more a sign that you arel iving in a poor country read a little FT it will do you good and by read i am not talking about FPM forums and al manar ;) ! you are complaining about SUV and pizza boys with iphones , it is their earned money they can do what ever they want with ...