Sunday 05/April/2026 – 12:20 PM
Ashraf Hilal, Head of the Electrical Appliances Division, said that the impact of the increase in electricity prices on electricity prices Electrical appliances It confused the market and is still unclear until now, indicating that the decision was announced during a holiday, and its results were not actually clear at the beginning of today’s trading.
Discounted prices of electrical appliances within days
Helal explained in a statement to Cairo 24 that the factories have not decided their position yet, as they are expected to begin calculating the new cost of production within days, to determine whether they will move towards raising or stabilizing prices.
He added that the full picture will become clear in the coming days, after the factories finish studying the impact of the increase on operating and production costs
earlier A number of merchants and manufacturers in the Egyptian market revealed that the prices of electrical appliances in the local market were affected by an increase of rates ranging between 3 and 5%, following the decision of the Ministry of Trade and Industry to impose dumping duties on imports of sheet metal used in the manufacture of most household appliances.
They explained that sheet metal is an essential raw material in the production of refrigerators, washing machines, heaters, stoves, and deep freezers, which means that any additional fees borne by the importer on these raw materials will be directly reflected in the production cost, and then in the final selling price to the consumer.
