Annual report of the Cairo Chamber about the most important commodities in the Egyptian market

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Thursday - 9 July 2015 - 12:26 AM

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The report issued by Cairo Chamber in May  revealed for relative stability in grains and legumes prices along with the stability of prices for cheese and dairy products and eggs, but the oil price, margarine and groceries rose slightly higher, as well as red meat and poultry and fish prices , While vegetable prices fell by 0.8% and 6% of fresh fruit as the report pointed out that the price of frozen vegetables and detergents have not seen any change, noting the decline in building materials by 1.4% compared to last April.

 

The report pointed out the pros and cons of the central bank's decision to Identify dollar deposit ceiling that resulting in increasing supply of the dollar in Banks, but it has led to of some of the negatives such as having a waiting list of importers with banks after the increase in demand, also the report pointed out the impact of rising exchange rate on the domestic economy

 

The report also discusses the development of both the supply and demand for the most important local fruit from 2009 season until 2014 with measuring an average per capita

 

The report also pointed to the development of domestic production of electric bulbs in the public and private sector, pointing out that the production depends on the private sector, selling most of electric bulbs rates increased in 2014 - 2015 in the Egyptian market.