Thndr Claps » EGY Claps » Food & Beverage 🍕 » Soft drinks’ prices increase in May
Biggest soft drinks companies announced that the price of carbonated water will rise by EGP 0.75, starting from May 2, 2022.
The deetsPepsi will increase its 1-liter plastic bottle by EGP 0.75. Coca-Cola also will increase the prices of 0.95, 1, 1.45 & 1.5-liter bottles by the same value.
Reach, which represents the two brands “Brill” and “Fayrouz”, decided also to raise the prices of their products by the same value, as of May 1.
Why this mattersThe increase in prices comes at a time when annual urban inflation has exceeded the CBE’s target inflation ceiling by 1.5%.
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