Jordan’s Trade Minister Rules out Hike in Bread Prices
Jordan’s Trade and Industry Minster Wasif Azar has stressed that bread will not cost more as a result of the 3.8 percent increase in diesel prices, reported the Jordan Times on Thursday.
The minister's comments came after a meeting with the Bakery Owners Union, whose leaders demanded compensation higher production costs due to the recent hike in diesel prices.
Bakers claim that the cost increase is 360 fils per ton of regular and flat Arabic bread, but the ministry puts the extra cost at 330 fils.
The minister asked the union to provide a detailed study on the impact of the recent diesel price increase.
Bakers are also looking to be compensated for the 250 fils in extra production costs per ton of bread that they claim to have incurred due to a rise in yeast prices following the implementation of the general sales tax, said the paper.
The union further demands that its members be compensated for these costs either through cash assistance or reduced flour prices – Albawaba.com
© 2001 Al Bawaba (www.albawaba.com)
- Minister does not rule out possibility of oil price hike
- No pay rises for Lebanese public sector workers, say Ministers and Experts
- Jordan Announces Major Petrol Price Hike to Shore Up Ailing Economy
- Jordan says increase of petrol prices ruled out \'\'for the moment\'\'
- Arab Industry and Trade Ministers to meet in Jordan