The price of bread is now EUR 1.20 in Greece, with further increases expected, due to higher production costs, stemming from an increase in the price of flour and energy.
Hovis bread prices will remain unchanged for the rest of the year, following an increase by almost a third as a result of the war in Ukraine and ensuing material and energy price hikes.
The Association of Bakers and Confectioners in the Czech Republic said that an increase in the price of bread should be expected this year, due to rising costs of raw materials and energy, as well as concerns about the Ukrainian workforce. However, they expect no shortage of bread.