Bread Price Hike Imminent

The price of bread is set to go up any day as the GMB hiked the price of wheat, Sunday Mail reports. The GMB increased the price of wheat from $3548 to $5900 per tonne an increase that is set to change the price of bread soon.

National Bakers Association,’s Mr Denis Wala however, said the imminent price hike is due to an increase in the cost of many raw materials not only wheat:

When we are looking at the issue of raw materials we are not only looking at flour but there is also issue of electricity and we all know that Zesa recently reviewed its tariffs.

This comes barely a week after bakeries reduced the price of bread by a small margin.

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