Ghana Bread Bakers Association set to Increase Bread Prices over high cost of raw Materials
- The association held a press conference to announce that there will be a 20% increase in bread prices going forward
- This is due to a continuous increase in the prices of raw materials
- The secretary of the Flour Users Association added that the prices have increased rapidly in a span of five months
Trending topics on the go: How we write news at YEN.com.gh
The Bread Bakers Association of Ghana in the Ashanti region has announced at a recent press conference held on Sunday, August 1, 2021, that the prices of bread will be increased by 20% with immediate effect.
The increment is a result of the continuous increase in flour, sugar and margarine prices.
The secretary of the association, Isaac Amoah, revealed that flour prices have moved up from Ghc160 to Ghc220.
Sugar and margarine prices have also gone up from Ghc150 to Ghc210 and Ghc98 to Ghc142 respectively.
According to UTV News, some bread bakers complained that they import flour and wheat for their business and incur a lot of cost in the process.
Some even stated they intend to quit the bread baking trade, UTV News reported.
There were suggestions by some association members to reduce the sizes of the bread in order to maintain the prices, but that proved inefficient.
PAY ATTENTION: Click “See First” under the “Following” tab to see YEN.com.gh News on your News Feed!
YEN.com.gh earlier reported that a former bread seller, Evelyn, who is a Procurement and Logistics graduate with first-class from the university has finally secured a job.
According to Zion Felix, Evelyn has gotten a job with a reputable company and is gingering up to start her new role.
The blogger first reported how the graduate was making a profit of 50 pesewas on each loaf of bread she sold and begged the public to come to her aid with a better-paying job.
Enjoy reading our stories? Join YEN.com.gh's Telegram channel!
Download YEN's news app on Google Play now and stay up-to-date with all major Ghana news