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Egg price hike before Easter

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(14 Apr 2017) LEADIN:Egg prices in Egypt have doubled since the start of the year.It means the traditional Easter food is now unaffordable for many hoping to celebrate the Spring feast.STORYLINE:It's just a few days before Egyptians mark both Easter and Pharaonic Easter, the ancient festival of Spring - and their food of choice is eggs.Shops in Cairo are piled high with the snack.But the cost of this Easter treat has shot up dramatically.Egg prices have doubled since the start of the year.Customers are still coming to Nasr Zareef's shop to buy them.He says the country's reliance on imports is responsible for the situation."The reason behind the rise in egg prices in Egypt is the fodder importers. All chicken farm essentials are imported from abroad. Add to this the custom tariffs as well," he says."The chicken farm houses have raised the egg prices to 35 and 37 pounds per carton (1.9 and 2 US Dollars). And in Easter, egg prices are increasing as usual. There will be no decrease in egg prices in the future. Prices are going crazy."Egypt relies heavily on imports, but the fall of the pound against the dollar has made it very expensive to buy goods from overseas.Egg shops are usually full of both Christian and Muslim customers just before Easter, as all are accustomed to eating eggs during the feast. Alice Meelad, a Christian housewife, is shocked by the cost."The prices are really so high. We used to have a whole carton before but now we get fewer eggs and it is not enough for our needs," she says. The sharp price increase means canny shoppers are seeking out the best offers available.Customer Ahmad Rashad explains that he walks a long distance to this shop because the eggs are cheaper than places closer to his home. Essam Samir now has plenty of time to check on his eggs' quality because he doesn't have many customers."People who used to buy 60 are obliged to buy 10 or 20 as a maximum," he says.The price hike is also bad news for those who love to colour their eggs at Easter with the sachets of artificial colouring sold for the occasion.You can license this story through AP Archive: http://www.aparchive.com/metadata/you... Find out more about AP Archive: http://www.aparchive.com/HowWeWork

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AP Archive 4091218 768e4b92f4c5bcb301d0033e020562f9 MEEX Egypt Eggs Cairo Egypt Middle East North Africa Lifestyle Business
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