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*Price Of Bread Hiked, Again*

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One of the country’s largest break manufacturers, Baker’s Inn, has hiked the wholesale price of bread to ZWL$559.60 per loaf. Bread will likely be retailed for at least ZWL$600 per loaf.

A leaked invoice dated 4 June 2022 signed by a Baker’s Inn salesperson shows that the wholesale price of a loaf of superior brown bread is now ZWL$559.60.

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Prices of basic grocery items and services have been changing on a weekly basis over the past few months in response to the depreciating Zimbabwe dollar.

In April, Industry and Commerce Deputy Minister, Raj Modi, said the Russia-Ukraine war has caused a rise in global fuel prices, a development that affects production lines, not only in Zimbabwe but across the whole world.

Modi made the remarks soon after the Grain Millers Association of Zimbabwe (GMAZ) announced a 52 per cent and 31 per cent increase for mealie-meal and flour respectively. He said:

> The justification for the increase is well known by everyone, it’s because of the war (Ukraine-Russia war).

> The price of fuel, which is the lifeline for any production chain in any industry went up.

> To import and transport any raw materials you need fuel.

> It’s not only in Zimbabwe that food prices have gone up. It’s the world over.

> However, if there was no war, we would not be talking of price increases.

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