Prices of Bread will increase
1 February 2010
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Due to continued increase in the price of sugar, the price of loaf of bread will also increase by P2 while the pan de sal will increase by P1. Some bakeries have the option of increasing the price or decreasing the size.
"Some of our community bakery-members have started their price adjustments this week to cope with the spiraling cost of ingredients particularly sugar," said Leonardo Figueroa of the Philippine Federation of Bakers Association Inc.
Bakers could only hope for the stability of the price of flour.
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