Egypt to double bread prices?

I am skeptical about this news piece in Masri al-Youm saying the price of "shami" and "fino" bread will double. Has this been confirmed anywhere?

Issandr El Amrani

Issandr El Amrani is a Cairo-based writer and consultant. His reporting and commentary on the Middle East and North Africa has appeared in The Economist, London Review of Books, Financial Times, The National, The Guardian, Time and other publications. He also publishes one of the longest-running blog in the region,