New bread price rise on the way

A FRESH wave of hikes in the price of bread has been announced. Bakers Union chairman Ömer Çıralı said that the price of a standard loaf of bread will go up from 7TL to “8 to 9TL” in the coming days and that there will also be an increase of 20 to 25 per cent in the price of other types of bread.

He blamed the price increases on the lack of any support from the government for the high cost of electricity, as well as an increase in the price of a 50kilo bag of flour from 400450TL to 650TL, and the higher cost of employing people.

Noting that some supermarkets with bakeries sell bread for 6.50TL, Mr Çıralı stated that they can provide bread “for a bit cheaper based on the free market economy to attract customers but due to increasing input costs, they also have to raise their prices”.