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Challenges Faced by Bakeries Due to Economic Fluctuations
The chapter highlights the struggles of a bakery in Beirut dealing with the aftermath of the economic crisis, volatile currency valuation, and fluctuating global wheat prices due to geopolitical events. It delves into how small businesses in the food industry navigate price increases, supply chain disruptions, and changing consumer preferences for artisanal, natural bread. The discussion extends to Cairo and Nigeria, shedding light on the impact of inflation, reduced subsidies, currency devaluation, and import reliance on bakery businesses in different regions.