2 Loaves Of Bread Price

Staff of life prices are becoming another source of sticker shock for grocery shoppers during a flow of decades-high aggrandizement, according to a report.

The price of artisanal bread and other premium options has striking $10 per two-pound loaf at some grocery stores – turning a pantry staple into a pain indicate for consumers already facing fiscal headaches like $five-per-gallon gasoline.

At a Whole Foods in Manhattan, bread prices listed online ranged from $3.49 for a standard loaf of classic white bread to $6 and beyond for premium offerings. A i-pound loaf of Base Civilization nut and seed bread toll $10.49.

Fairway Market place offered similarly steep prices, with a purse of King'south Hawaiian Sweet Rolls toll at $10.xix and a archetype brioche listed at $7.99. Loafs of white bread ranged upwards to $7.49, depending on the brand and size.

The sight of $ten-per-loaf prices is "similar a dial in the nose" to shoppers, Mark Cohen, director of retail studies at Columbia University, told Bloomberg. Prices have reached levels that "nobody has seen earlier."

Bread prices have hit $10 per loaf in some locations.

Consumer Toll Index data released for June showed the extent of the price surge in the bakery aisle. The cost of white breadstuff jumped 10.1% terminal month compared to the aforementioned month i year before. The toll of wheat staff of life and other alternatives spiked an fifty-fifty-college 11.six%.

In terms of sheer dollars, the cost of white bread per pound hitting $ane.69 – its highest level on record, according to the Agency of Labor Statistics.

Ascent prices have already led some consumers to leave bread out of their shopping carts. Unit purchases of staff of life items are down 2.7% this year through July 2, Bloomberg reported, citing data from NielsenIQ.

Chicago-based bakery concatenation La Boulangerie & Co. told Bloomberg that it has been forced to jack up prices by ten% to account for higher expenses, pushing a loaf of loaf of brioche to $11.50.

"Information technology's really hard because how loftier can you pay for a loaf of breadstuff?" the concatenation's owner Vincent Colombet told the outlet. "Can you pay $twenty for a loaf of staff of life? No. We are really squished between the hammer and the anvil."

Diverse factors have contributed to the rise in bread prices. The Russian invasion of Ukraine has upended global wheat exports and caused a surge in prices for the cardinal commodity. The toll of central ingredients such as flour, eggs and milk have also spiked over the terminal yr, raising costs for producers.

Overall, grocery prices surged 12.ii% terminal calendar month and were a key input for the June inflation rate of 9.1% — the sharpest increase since 1981.

As The Post reported last week, American households are paying nearly $500 per month to cover their everyday expenses during the inflation surge.