| First It Was Tacos, Now It’s Bread: Prices Continue to Surge Andy Altman-Ohr - Mexico News Daily | |
| go to original August 16, 2022 |
 |
A traditional Mexican panadería (Wikimedia)
The announcement last week that inflation in Mexico has reached its highest rate in 22 years included some follow-up reporting that it’s costing people more money to buy bolillos, doughnuts and loaves of Bimbo bread.
“First the tacos and now the tortas,” screamed a headline in the newspaper El Heraldo — alluding to a report last week predicting that a kilo of tortillas will cost 30 pesos by the end of the year.
Now comes word from Anpropan, Mexico’s national association of bread suppliers, that prices at panaderías and in the bread aisle at supermarkets will increase 8% over the second half of 2022.
This is due to a sustained rise in the cost of raw materials needed for the production of bread, namely flour, eggs, and gas or electricity to run the oven.
One factor is that international wheat prices have risen due to the war between Russia and Ukraine, since they are two of the world’s largest producers, noted Iñaki Apaolaza, a member of the Anpropan board. Another factor is that Mexico’s bakery industry gets 70% of the wheat it uses from the United States, El Heraldo reported.
Last month, Grupo Bimbo announced it would raise the prices of its products — including Tía Rosa, Milpa Real, Saníssimo and Mexican-produced Wonder bread — starting on July 18. And that was on top of roughly 10-peso increases that already occurred in 2021, as reported in the newspaper El Financiero.
Read the rest at Mexico News Daily
Related: Pirate Tortillas in Mexico: How to Identify Them and Health Risks of Eating Them (PVDN)
Related: How Much More Inflation Can Restaurants in Puerto Vallarta Take? (Vallarta Daily News)
Related: Low Wages and High Cost of Living in Puerto Vallarta Creates Worker Shortage (PVDN)
Related: The Economy Is Changing – and So Is Philanthropy (Fortune)
Learn about Vallarta Food Bank
Learn about Banco de Alimentos de Puerto Vallarta
Learn about Organismo de Nutricion Infantil A.C.
Learn about John Ozzello Memorial Food Bank
Learn about Families at the Dump
Learn about Breakfast for Children - School of Champions
We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!
From the Bay & Beyond
Celebrate a Healthy Lifestyle
From activities like hiking, swimming, bike riding and yoga, to restaurants offering healthy menus, Vallarta-Nayarit is the ideal place to continue - or start - your healthy lifestyle routine.
Banderas Bay offers 34 miles of incomparable coastline in the states of Jalisco and Nayarit, and home to Puerto Vallarta and Riviera Nayarit's many great destinations.