13:39
Reported

News Briefs

  אדר 21, 5768 , 27/02/08

Soaring Price of Flour To Hike Price of Matzo

Sharply higher prices for flour are likely to force a steep rise in the price of matzo this Passover, and the cost in the United States already has risen by more than 10-20 percent. The cost of bread in Israel the past year also has risen sharply, with major bakeries having halted baking price-regulated bread items until the government raised the subsidy.

A KosherToday survey in the United States showed that prices for matzo will reach up to $20 a pound, significantly higher than the cost last year, according to Yeshiva World News.

Other archived news briefs:Feb 27 2008, 01:39 PM, 2/27/2008