Bread price increase likely soon

PHILIPSBURG--The request of Carl and Son's Bakery to increase bread prices is still making its round through government departments. Minister of Economic Affairs Franklin Meyers confirmed that government would probably grant an increase, though not as much as the owners of the bakery had requested. The Minister expects the issue to be finalised by next week at the latest.

The Daily Herald learned that he understood government was looking at a NAf.-0.50 increase, which would offset the rising prices in ingredients, transport, fuel, utilities and other components that the bakery has to contend with.

When granted, the price adjustment will affect only the government-controlled bread, namely sliced white bread, sliced wheat bread and lard bread. The last price adjustment came in 2008, after Carl and Son's had stopped producing bread for a short period, seeking increases to offset the same mentioned cost. The 2008 price increase was the first in about 10 years.

At that time, sliced white bread was increased from NAf. 1.50 to NAf. 2.00 ? an increase of 50 guilder cents; sliced wheat bread from NAf. 2.25 to NAf. 2.50 ? an increase of 25 guilder cents; and lard bread from NAf. 1.50 to NAf. 1.80 ? an increase of 30 guilder cents. When the increase is granted, sliced white bread would then cost NAf. 2.50, sliced wheat bread NAf. 3.00 and lard bread NAf. 2.30.

Source: http://www.thedailyherald.com/islands/1-islands-news/20472-bread-price-increase-likely-soon.html

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