The Karachi Bread Association (KBA) hints at announcing new prices for bread (double roti) and other bakery items due to increase in the prices of flour and sugar.
This is the first time in 2020 that manufacturers of bakery items have decided to increase the prices by 11%, in 2019 the prices were increase twice, once 8% and then 9%.
The new prices of bakery items are as follows:
Bakery Item | New Price (2020) | Old Price (2019) |
Mini-Plain Bread | Rs. 40 | Rs. 35 |
Milky Bread | Rs. 41 | Rs. 36 |
Small Plain Bread | Rs. 60 | Rs. 55 |
Small Milky Bread | Rs. 61 | Rs. 56 |
Large Plain Bread | Rs. 110 | Rs. 100 |
School Bun Price | Rs. 15 | Rs. 10 |
Cut Burger Bun Pack | Rs. 55 | Rs. 50 |
Special Burger Bun Pack | Rs. 60 | Rs. 55 |
Burger Roll | Rs. 20 | Rs. 17 |
Bran Bread | Rs. 90 | Rs. 80 |
Pillow Pack Rusk Pack | Rs. 80 | Rs. 70 |
This 11% increase was announced before Eid ul Adha, except the prices of school bun price which will be effective when schools will reopen from November 2020.
Manufacturer quoted the increase in prices of other things as the reason for this increase. Haroon Iqbal, general secretary KBA also quoted the hike in prices of sugar, flour and utility bills to be the reason for the current increase.
While talking with media he said that the price of flour was increased to Rs. 2,950 per 50kg from Rs. 2,125 per 50kg. Similarly sugar rates are increased to Rs. 87 per kg from Rs. 58 of last year while the utility bills saw an increase of more than 30%.
He further added that preservatives, improving agents and emulsifier are raw materials which are imported. The prices for these imported materials were effected especially by devaluation of Pakistani currency against dollar.
It is expected that prices will also increase in other cities including Lahore, Islamabad, Rawalpindi, Peshawar, Quetta, Hyderabad & Faisalabad due to similar reasons.