Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Prices of Bread are Rising Faster Than Inflation, Causing Sticker Shock of $10 Per Loaf

by Iesha
July 18, 2022
Reading Time: 1 min read
0
Prices of Bread are Rising Faster Than Inflation, Causing Sticker Shock of $10 Per Loaf

istockphoto

Share on FacebookShare on Twitter
In the midst of decades-high inflation, grocery shoppers are experiencing sticker shock over bread prices, a report found.
Some grocery stores are now charging $10 for artisanal bread and other premium bread options, making a pantry staple expensive for consumers already struggling with high gas prices.
According to Mark Cohen, director of retail studies at Columbia University, consumers see $10-per-loaf prices as a “punch in the face,” adding that prices have never been this high.
In June, the Consumer Price Index showed that white bread prices had risen 10.1% compared to one year earlier, while wheat bread soared 11.6%.

The Bureau of Labor Statistics reports that the price of white bread per pound reached $1.69, which is the highest level recorded.

Some customers have already abandoned their shopping carts with bread because of rising pricing. According to Bloomberg, which cited data from NielsenIQ, unit purchases of bread products were down 2.7 percent this year through July 2.

La Boulangerie & Co., a chain of bakeries based in Chicago, informed Bloomberg that it had to increase prices by 10% to cover additional costs, making a loaf of brioche cost $11.50.

“It’s tough because how high can you pay for a loaf of bread?” said the chain’s owner Vincent Colombet. “Can you pay $20 for a loaf of bread? No. We are really squished between the hammer and the anvil.”

Grocery prices rose 12.2 % overall in June, contributing significantly to the month’s 9.1 % inflation rate, which was the highest since 1981.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Related Posts

2024 Election Lawsuit Questions Missing Votes in Rockland County
News

Apparently, She Voted for Herself and Still Got 0 Votes?— Now a Lawsuit’s Questioning the 2024 Election Results

June 10, 2025

A 2024 U.S. Senate candidate allegedly received zero votes in several Rockland County districts—despite multiple voters swearing they picked her....

Nearly 2 Million Dozen Eggs Recalled Over Salmonella Fears, 79 Infected Across 7 States
News

Nearly 2 Million Dozen Eggs Recalled Over Salmonella Fears, 79 Infected Across 7 States

June 10, 2025

Nearly two million dozen eggs are being pulled from shelves due to a salmonella scare. On June 6th, the FDA...

Young Kids Are Spending Big on Skincare Trends That Could Harm Their Skin, New Study Warns
News

Young Kids Are Spending Big on Skincare Trends That Could Harm Their Skin, New Study Warns

June 10, 2025

A recent study published in Pediatrics reveals that children as young as seven are diving into pricey skincare routines promoted on TikTok,...

9th Annual Culture Creators Brunch
Entertainment

The Culture Showed Up and Showed Out at the 2025 Culture Creators Brunch

June 10, 2025

Los Angeles was glowing with Black brilliance as the 9th Annual Culture Creators Brunch returned for another unforgettable celebration. On...

Next Post
USC Names Field After Olympic Track Star Allyson Felix

Allyson Felix, World’s Most Decorated Track & Field Star, Has Retired

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d