The Lebanese Ministry of Economy and Trade set on Thursday the new price of a bundle of bread as follows:
– Small bread bundle weighing 388 grams for LBP 8000
– Medium-sized bundle weighing 855 grams for LBP 13,000
– Large bread bundle weighing 1,095 grams for LBP 16,000.
The new pricing is due to the significant increase in fuel prices, which directly affects the price of flour and the cost of producing a bundle of bread, in addition to the rise in the price of wheat in international markets due to the Ukrainian crisis, and the increase in the dollar exchange rate in the black market.