During the meeting, the Prime Minister emphasized the periodic monitoring of commodity prices, pointing to the efforts made to ensure their availability in sufficient quantities and at suitable prices for citizens.
Dr. Sherif Farouk, the Minister of Supply and Internal
Trade, reviewed a report on the decrease in the prices of some basic
commodities, such as eggs and sugar, and indicated the existence of a
sufficient strategic reserve of sugar for more than 14 months.
Counselor Mohamed El Homosany, the official spokesperson for
the Presidency of the Council of Ministers, presented an overview of the
Ministry of Supply's systems for monitoring prices, which include electronic
applications for tracking prices and inventory, and receiving consumer
complaints.
An analysis of global and local inflation trends was also
reviewed, with expectations indicating a decrease in inflation rates in Egypt
during the years 2025 and 2026.
The results of the field monitoring of markets during the
current April showed a decrease in the prices of some commodities and stability
in their availability, with 90% of citizens confirming the availability of all
the goods they wanted to purchase.
A survey of retail store owners showed that 94.3% of them
believe that the government measures have succeeded in providing goods in the
markets.
The improvement in the indicators of institutional intervention and responsiveness to citizens' complaints regarding commodity prices and availability was also emphasized.