Inflation and impending wheat crisis spark concern in Egypt – The National

  • Date: 08-Mar-2022
  • Source: The National
  • Sector:Oil & Gas
  • Country:Egypt
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Inflation and impending wheat crisis spark concern in Egypt – The National

Spiking global food and energy prices, including a steep hike in wheat prices caused by the war in Ukraine, are piling pressure on Egypt's poorest.

Egypt is the world’s largest wheat importer, with Russia and Ukraine providing a combined 80 per cent of its supply.

Most of the wheat is used to make bread, a main staple cheaply available to 60 million Egyptians holding state food cards entitling them to a range of basic food items, including rice, cooking oil and pasta.