Bakeries plan to increase prices by 6-15%.
Bakers have sent notifications to retail chains about a 10-15% price increase for fresh bread, as reported by a representative of "Lenta" to Shopper’s. Some bakeries are raising product prices for the third time this year.
For private label products in the networks, prices may rise by 10-12%, while for branded bread, the increase may be 6-8%. Some producers are gradually increasing costs: initially by 5-6% and then again by the same amount after two to three months.
A representative from one of the bakery industry companies mentioned possible reasons for such price hikes: "The main reasons for the increase in selling prices are the ongoing rise in logistics costs, the increase in workers' wages due to their critical shortage, and the sharp rise in bakery flour prices this summer."
Dmitry Kozlov, General Director of Kolomensky BKK, stated that by the end of July, the production cost of bread had increased by 30-40% compared to the previous year.
Currently, most retailers are considering whether to accept the increase in selling prices. We will find out how this story develops in the near future.
#industrynews #bread #modernbakery #modernbakerymoscow
Bakers have sent notifications to retail chains about a 10-15% price increase for fresh bread, as reported by a representative of "Lenta" to Shopper’s. Some bakeries are raising product prices for the third time this year.
For private label products in the networks, prices may rise by 10-12%, while for branded bread, the increase may be 6-8%. Some producers are gradually increasing costs: initially by 5-6% and then again by the same amount after two to three months.
A representative from one of the bakery industry companies mentioned possible reasons for such price hikes: "The main reasons for the increase in selling prices are the ongoing rise in logistics costs, the increase in workers' wages due to their critical shortage, and the sharp rise in bakery flour prices this summer."
Dmitry Kozlov, General Director of Kolomensky BKK, stated that by the end of July, the production cost of bread had increased by 30-40% compared to the previous year.
Currently, most retailers are considering whether to accept the increase in selling prices. We will find out how this story develops in the near future.
#industrynews #bread #modernbakery #modernbakerymoscow