Bread prices expected to rise in Georgia

Bread prices expected to rise in Georgia

access_time2020-10-28 14:00:13

The issue of subsidizing wheat imports has  become topical in Georgia due to the rise in grain prices on the global markets.

Experts say that the country will face the risk of price hikes at the end of November, when the stock of grain purchased at relatively low prices runs out and the country will be forced to buy new batches at higher prices.

Prices on the global markets have increased on average  by 30% since September and the government should take measures to maintain present prices.

 


“We had a meeting with the Prime Minister who said  if wheat and flour prices continue growing on the international market  causing price hikes in Georgia, the government will have to take measures to curb prices, ” President  of the Association Levan Silagava notes.


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