Bakery price rises fail to reflect 2007 cost increases

first_imgLatest pricing data shows how own-label and budget breads have seen minimal price increases over 2007, with the big brands also slow to increase prices, despite steep rises in the cost of ingredients.Budget lines have been affected most. For example, comparing prices from January 2007 with those gathered last week suggests that lines such as a six-pack of own-label budget pitta breads have remained static at 26p all year.Meanwhile, in-store bakery lines have seen comparatively modest increases; for example, a 400g wholemeal loaf has gone up in price by 8p over the year, from 52p to 60p, according to price comparison data on the Tesco.com website.However, in that time, flour prices have risen by around £154 a tonne, adding an estimated 15p in cost price of an 800g loaf, before other overhead price increases are taken into account, according to expert sources. The data shows that big brands Warburtons and Hovis increased retail prices by 20p and 18p respectively over the year. However, Kingsmill has only seen an 8p a loaf rise, the data suggests, putting the price of an 800g Kingsmill wholemeal medium sliced loaf up to 96p. That compares to £1.12 for a square-cut Hovis loaf and £1.16 for an 800g loaf of Warburtons.Regional bakery Braces has also implemented retail price increa-ses, with a medium 800g white loaf up 17p over the year.Analyst Martin Deboo noted that Premier Foods had been alone among the plant bakers in reac-ting quickly and putting through prices increases on its Hovis brand to a level sufficient to recover flour price increases. It did this in February, September and October, before its rivals moved.The other big plant bakers were slower to respond, with Warburtons only just putting through a wholesale price increase. But that delay had hit Hovis’ market share, with sales volumes down as much as 12% year-on-year, said Deboo.Federation of Bakers director Gordon Polson said: “Bakers will be hoping for a period of stability and a normalised market ilast_img read more

Observe social distancing at all times, Negrenses urged

first_imgBY DOMINIQUE GABRIEL BAÑAGABACOLOD City – Negros Occidental top cop Colonel Romeo Baleros is urging the public to strictly adhere health protocols set to further curtail the spread of SARS-coV-2, the virus that causes  coronavirus disease 2019. In a bid to strictly enforce these rules, Baleros proposed that all traffic enforcers from various local government units in the province, along with terminal supervisors, and local police must coordinate with one another in order to control the crowd and observe social distancing.Baleros said he doesn’t want to come to the point that they will be forced to arrest violators, as he pointed out it is not their obligation to reprimand individuals.He added it is the responsibility of every individual to observe social distancing and wearing face masks when outdoors./PN He made rounds in the town of La Castellana and Bago City last Monday discovered that commuters are neglecting social distancing measures.center_img There is no way for anyone to skirt these, Baleros stressed as he cited the resumption of mass transportation in the province under the general community quarantine. last_img read more