Price increase for bread and rolls

The current price increases are visible in a bakery in Ludwigshafen. Gourmet rolls currently cost 90 cents – a few weeks ago the price was 80 cents. The cheese sandwich with egg now costs 3.30 euros. The main reason for the price increase is the most important raw material for bakers: wheat flour, which has risen from just under 27 euros per 100 kilos to just over 50 euros in the last few weeks.

Crises and speculation drive prices up

The bakery has been feeling the price increases for a long time, but things have been particularly bad since the start of the Ukraine war, according to the owner of the bakery - even though he sources his wheat flour from the region. Speculation on the raw materials markets sent the price of wheat higher.

Exploding raw material costs

So farmers now get more for their wheat, but they also have higher costs. The tractors require large amounts of fuel - which has become significantly more expensive. In addition, the water costs for irrigating the fields are rising rapidly due to the current drought. Nitrogen fertilizer has more than tripled in price. Operating the mills also requires a lot of energy.

Prices expected to calm down after winter

Bakers are facing a similar situation: the energy costs to operate their branches are literally skyrocketing. Trade expert Professor Thomas Roeb from the Bonn-Rhein-Sieg University of Applied Sciences expects prices for bread and rolls to continue rising until the end of winter. The situation should then calm down again.

This video from the SWR Marktcheck series is an excerpt from the broadcast on September 6th, 2022.

Source: SWR Marktcheck , author: Annika Erbach Image source: picture alliance/dpa | Karl Josef Hildenbrand

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Notes:
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