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As of today, bread increases another 15% and the cheapest will be sold at $552 per kilo


It was triggered by an authorized rise of 3.22% in the price of flour. Bakers complain about increases in the rest of the inputs.

While official data shows that poverty already reaches 39.2% of the population, a basic food item in the food basket,

bread is on its way to receive a new price increase.

It happens that the authorized rise of 3.22% in the price of flour will have a direct impact on bakeries and prices will rise up 

to 15%

in the next few hours.

Although there is a wide price gap, depending on the area, it is estimated that a

kilo of French bread will exceed $500 in most stores.

This was announced by the bakeries grouped in the Center of Industrial Bakers Agrupados (CIPAN) that brings together around 40 districts of the province of Buenos Aires.

They pointed out that the rise will be applied to both the price of bread and the rest of the baked products they sell and stated that the price increases will be of the order of 10 to 15%.

Until February, the price of a kilo of bread in the AMBA was around $480.

With the 15% increase, it could be $552.

"The increase responds to the rise of 3.22% in the price of flour, authorized by the Ministry of Commerce, but mainly to the

constant increases that we have been suffering in the rest of the materials and inputs,"

explained Martín Pinto, President of the Merlo Bakers Center.

According to the benchmark for the sector, "although this percentage in flour does not lead us to a direct % in the price of bread, it happens that week by week we have been suffering increases in raw materials: sugar rose in the last week

, oil and also, the additives

allowed by the Food Code. That is why we took this measure together with the bakers of the province of Buenos Aires," he said.

For his part, the president of CIPAN, José Hernández, pointed out that "there are no reasons for

disproportionate increases

in the price of bread. We know of the difficult economic situation that the population is going through and for this reason, in the province of Buenos Aires, we are recommending that is

between 10 to 15% maximum, on the current price".

"There are places where it will reach $600, such as in downtown areas. There are places that sell for $450 and will reach just over $500. The increase will not be unified. Therefore, in bakeries in the province of Buenos Aires increase between 10 and 15% over its base price," explained the leader.

We suggest following inflation and not exceeding the increases.

You can't sell something that people can't access.

Any merchant realizes that.", according to Hernández.

Consulted the Bakery Center of the Federal Capital, sources from that entity confirmed that

the increase will also reach Buenos Aires bakeries.

According to INDEC, a kilo of flute plan in the GBA cost $459.15 on average in February, after a month-on-month rise.

5.4% compared to January.

If a 15% increase is applied

, the average would be $528.

The trigger for the increases on this occasion was the increase set by the Secretary of Commerce of 3.2% in subsidized flour, within the framework of the Argentine Wheat Stabilization Fund (FETA). 

It was through Resolution 269/2023, published today in the Official Gazette, that the new values ​​for flour are established.

In this way, as of this Wednesday, the 25-kilo bags are sold at $1,764 for flour 000 and at $2,117 for type 0000;

while for tapas flour and semolin it was set at $2,293.

In the case of the ton, they were defined at $69,237 for flour 000 and at $83,092 for 0000;

and for tapas and semolin $90,000.

The new values ​​represent a rise of 3.22% compared to the last increase set in mid-February.

The increases take into account the reference variations of the FAS price (without logistics costs) of wheat by 40%, that of wholesale inflation by 30% and that of wages by the other 30%.

Source: clarin

All business articles on 2023-03-31

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