Price of bread on the rise

Posted: Wednesday, May 2, 2017. 9:56 a.m. CST.

By BBN Staff: Yesterday, the management of Casa Pan Dulce issued a statement on the prices of bread. The bakery has shops in Belmopan, Santa Elena and San Ignacio. The bakery also delivers to grocery shops in the villages and towns.

In its statement, the bakery said:Every Belizean in this country is all too aware of the rapid escalating prices in goods and services.  The bakery industry certainly has not been spared and is experiencing firsthand the impact of escalating prices.  Other than the drastic increase in fuel costs, raw materials and import duties have also seen more than their share of price increase.”

The bakery says that despite its efforts to contain present pricing, it is no longer financially viable and therefore unsustainable.

Effective yesterday, the price control 16 oz slice bread that retails for $1.75 was replaced wit a 17 oz loaf, which will be produced to sell at a wholesale price of $1.75 and retailed for $2.00.

“All our other items will continue to remain competitively priced as we strive in the current economic environment to continue to serve our loyal customers with good quality products,” the statement says.

Casa Pan Dulce Bakery stated that they value their customers and also their employees in their team. It is also expected that other bakers may soon follow suit, raising the price of bread to $2.00 across the country.

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