Everything is getting more expensive: From Sunday, the price of regulated bread will jump by 36%

July 14, 2022   

Minister Orna Barbibai said that bread prices will increase by 20%, but today (Thursday) it becomes clear: the price jump will be much higher - and for families in need today will be much harder. According to the announcement of the Joint Price Committee of the Ministry of Economy and Finance, the price increase stems from an update of the input basket and is mainly affected by a cumulative increase in flour prices. Here are the new prices: 500-gram challah, which currently costs 5.17 shekels, will increase by 21% to 6.26 shekels; 750-gram whole-wheat bread, which currently costs 5.12 shekels, will increase by 36% to 6.96 shekels; 750-gram sliced ​​whole-wheat bread, which currently costs 7.11 shekels, will increase to 7.91 shekels - an increase of 11%; A 750-gram loaf of white bread, which currently costs 5.12 shekels, will increase in price to 6.97 shekels.

Israel is getting more expensive - get used to the new prices!! From Sunday, a loaf of plain or white bread will cost almost 7 NIS instead of 5.12 NIS.
In addition: fuel, electricity, eggs, dairy products and high inflation of 4.1% pic.twitter.com/00eK7E2va9

— Einav Kerner (@einavkerner) July 14, 2022

According to the Ministry of Economy, "the price increase stems from an update of the input basket and is mainly affected by a cumulative increase in flour prices. A significant component in bread production and is affected by wheat prices worldwide." Wheat prices are rising worldwide because of the war in Ukraine. This is after Russia imposed a naval blockade on Ukraine and it cannot export grain by sea. Ukraine is one of the world's largest wheat exporters, which is creating a global shortage.