Wednesday, March 23, 2016

Bread price

Resultado de imagem para pãoAs a result of the rising price of raw materials acquired abroad such as yeast, vitamin and other ingredients, the price of bread may be going up again soon, according to “Domingo”.This will be the second price rise in six months, the first taking place in October 2015 when the government stopped subsidizing the price of flour. As a result, the price of a loaf went up from 6 to 7.5 meticais – a 25 percent rise.Negotiation between the government and the bakeries to find a way of preventing another price rise are under way, but Victor Miguel, the president of the Mozambican Association of Bakers, says that if a solution is not found, bakers will have no choice but to raise prices.

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