In less than a year, the price of bread will rise again. This is due to the inputs that are used for the preparation of this food and that have increased its value.
The president of the Arequipa Bakers Association, Fredy Prieto, reported that the rise in the cost of bread could happen next week. It will go from 4 units for a sol to three.
The leader of the bakeries explained that wheat flour suffered a rise again. I went from 90 soles to more than 140 soles. According to the explanations given by the wholesalers of these inputs, there are international factors that influenced the price variation. In the countries where the flour is produced, there is less production, as a consequence of the pandemic. He said that more than 80% of wheat flour is imported.
Prieto indicated that it will be up to each baker to increase the price. In his particular case, he said that since next week will apply the formula of three for one sunbecause the inputs purchased at the previous price are already gone.
He added that the increase would be above all in formal bakers, who pay a differentiated rate for electricity and water. He considers that informal producers, who pay a price for electricity and domestic water, can maintain their sales without raising the price of bread.
The increase would be in the bread for popular consumption, which in Arequipa is that of three points or wheat. It would be the second rise in food in less than a year. Prieto reported that the daily consumption of bread per person is four units.
The leader suggested that the government exempt bread from the VAT tax, so that the increase does not affect consumers.
Source: Larepublica

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