Retail prices of bread and bakery products may rise by as much as 25% in the next two months due to high energy costs, the Czech Entrepreneurs Association of Bakers and Confectioners has suggested.


Rises in the price of natural gas and electricity in the Czech Republic, 25% and 13.5% respectively, coupled with this years long winter, have caused some bakeries to claim an increase of up to 60% in their spending on energy.


According to a report in the Czech News Digest, bakery groups are warning that a hike in retail prices is now almost inevitable.


Baking products prices in the country have not been raised since November 2003.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now