“Bread prices bound to go up”

Even though no official decision has been taken, some manufacturers have already introduced new bread prices.

Izvor: B92

Tuesday, 21.08.2007.

10:39

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Even though no official decision has been taken, some manufacturers have already introduced new bread prices. Trade and Services Minister Predrag Bubalo met with representatives of the baking and vegetable oil production industries, where they agreed that bread and vegetable oil prices should be formed on the market, without jeopardizing citizens’ buying power. “Bread prices bound to go up” They also concluded that the solution for the current situation with bread prices should be found at one of the forthcoming meetings. Simo Matic, director of Zitovojvodina bread, who attended the meeting, did not wish to reveal what these solutions might be. “Bubalo asked all those present not to address the media on the matter until we meet again and settle the issue,” he told B92. President of the Union of Serbia’s private bakers Zoran Paralica was not invited to the meeting. According to him, it is impossible to expect prices to remain the same, since prices of the material needed for bread production have gone up. On Monday, the Cacak bakers’ union increased the retail price of a 500 gram loaf of bread by RSD 10 (EUR 0.12), and now stands at RSD 30 (EUR 0.38). Other unions announced that they would follow suit.

“Bread prices bound to go up”

They also concluded that the solution for the current situation with bread prices should be found at one of the forthcoming meetings.

Simo Matić, director of Žitovojvodina bread, who attended the meeting, did not wish to reveal what these solutions might be.

“Bubalo asked all those present not to address the media on the matter until we meet again and settle the issue,” he told B92.

President of the Union of Serbia’s private bakers Zoran Paralica was not invited to the meeting. According to him, it is impossible to expect prices to remain the same, since prices of the material needed for bread production have gone up.

On Monday, the Čačak bakers’ union increased the retail price of a 500 gram loaf of bread by RSD 10 (EUR 0.12), and now stands at RSD 30 (EUR 0.38).

Other unions announced that they would follow suit.

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