The Joint Prices Committee of the Ministries of Finance and the Economy is expected to recommend in the next few days that the price of bread products under government supervision be increased by 3.5 percent, according to Israel Defense Forces Radio.
The committee convened at the request of the bakeries to update the supervised price due to the increase in production components. In addition, the increase in the electricity rate will also affect the regulated price. The update does not require the signature of Finance Minister Moshe Kahlon and Minister of Economy Eli Cohen, and they cannot stop the increase.