The Holding Company for Foodstuff, a subsidiary of the Ministry of Investment, has for the third time in 40 days announced new reductions in foodstuff prices at its co-ops in Cairo and the provinces. The reductions covered flour, pasta, rice, imported and frozen meat and poultry, eggs, oil ghee and legumes as of January 5. Flour was reduced from LE 2200 to LE 2000 per ton for retail, and from LE 3.25 to LE 2.75 per packaged kilogram for consumers. The prices of ground lentils were reduced from LE 8000 to LE 7500 per ton for retail, and from LE 8.25 to LE 7.75 per kilogram for consumers. Imported beans were reduced from LE 4.5 to LE 2.75 per kilogram, while bulk rice was reduced from LE 2.50 to LE 2.25 per kilogram.
