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Inflation: the rise in the price of baguettes is "inevitable", according to the Bakery Confederation

2022-10-28T09:09:40.586Z


Despite the aid scheme announced by the State to reduce the price of energy, the National Bakery Confederation considers it inevitable


Towards an increase "from 5 to 10 cents" of the baguette?

It is "inevitable", judge Dominique Anract, the president of the National Confederation of Bakery.

Asked about France info this Friday, he said he was satisfied with the device announced by the government for businesses, but warns consumers that they will have to pay a little more for their bread.

“It is a relief that all bakers are eligible for this aid.

This is already good news,” he explained.

From January 1, VSEs and SMEs will be able to benefit from an "electricity buffer" with the payment of part of the bills by the State.

According to Dominique Anract, this will “surely make it possible to avoid all these invoice peaks multiplied by four or five.

It's good news.

The calculation is not easy to do with people who sell energy, because 50% of this bill is very volatile.

We're going to get 50% support.

Everything will depend, at the time of signing the contract, on the price of electricity.

But there is still a very big effort being made and that should protect bakers.

»

Energy consumption to control

Still, the bills are still likely to double.

“We had done simulations: we know that a doubled electricity bill means a 15% increase in all the prices of a bakery.

It's still cents on the baguette, but there will inevitably be an increase, ”he anticipates.

However, Dominique Anract affirms that France is the country which has increased its prices the least in Europe and which has the cheapest bread.

“The bakers have been very reasonable despite increases in yeast (+70%), flour (+30-40%), butter also increased by +70%, sugar by +50%, etc.

All raw materials and packaging have increased.

Bakers have nevertheless taken on their margins since there has been approximately between 5 and 8% increase in the baguette.

»

At the same time, the Confederation has undertaken to put in place measures to try to limit energy consumption in companies.

Source: leparis

All business articles on 2022-10-28

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