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Madagascar: 500.000 bread loaves consumed daily in Tananarive

While the price of the loaf of bread experienced an increase of 100 ariarys March 1 and will now cost 400 ariary against 300 previously, Mouhaboubaly Arif, the President of the Professional Association of Bakers, recently recalled that the residents of the capital Tananarive consume less than 500,000 bread every day.
Bread is thus the second Malagasy consumer product and the latest rise in the price of the loaf of bread dated back to 2004.
* One euro roughly equivalent to 2,941 ariarys


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