Bread prices will go up from a third to a half next month over present prices and there will be corresponding rises in the prices of eggs and milk products but not of milk itself. The price increases follow a Ministerial Committee decision to remove subsidies and lift price controls from these foods.
In announcing this move in Israel’s new economic policy, Pinhas Sapir, Commerce and Industry Minister, said a money grant would be made to wage earners to compensate for the increases in the cost of living arising from the bread and dairy price increases.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
