After milk, bakery products also became expensive, bread became costlier by ₹5 in Mumbai
Bread prices have risen in Mumbai, the country's economic capital. On May 16th, Modern Bread raised the prices of several of its products. Trade experts say that other major companies like Britannia Industries and Wibs may also increase prices soon.
The impact of the rising prices of petrol and diesel amid the Iran war has now reached the common man's breakfast. Just days after the increase in milk prices,
the price of bread in Mumbai and surrounding areas has also been increased by up to Rs 5. Bread manufacturers say that everything from production to delivery has become more expensive, which is why they have had to increase prices.
" "On May 16, Modern Bread increased the prices of many of its products. Meanwhile, business experts say that other major companies like Britannia Industries and Wibs may also increase prices soon.
new bread prices
Bread Earlier prices New prices
400 grams sandwich bread ₹40 ₹45
Whole Wheat Bread ₹55 ₹60
Multigrain Bread ₹60 ₹65
Small Brown Loaf ₹28 ₹30
White Loaf ₹20 ₹22
Brown Bread ₹45 ₹50
Why did bread become expensive?
According to those in the bakery industry, costs are constantly rising due to several factors. Experts say that petrol and diesel prices have increased over the past week,
forcing bread companies to factor in their increased transportation and delivery costs. The price of LPG, used in baking, has also increased. The prices of salt and preservatives have also increased.
The cost of plastic packaging has risen
According to experts, India imports large quantities of plastic raw materials used for bread packaging. The pressure on the rupee due to the Iran war has made imports more expensive,
leading to a significant increase in packaging costs. Previously, the Gujarat Cooperative Milk Marketing Federation raised milk prices nationwide by ₹2 per liter.
Petrol and diesel prices have also risen by approximately ₹3.90 per liter. CNG has also become more expensive in cities like Mumbai and Delhi.
