French bread rose by up to 20% in Brazil, says bakery association

The war in Ukraine by Russia impacted Brazilians' pocketbooks in several ways. As a result of the conflict, one of the items most affected was bread, since much of the world's wheat is produced by the two countries, around 30%. According to the Brazilian Association of the Bakery and Confectionery Industry (Abip), the kilo of French bread had a readjustment in Brazil between 4% and 20%, depending on the region in the national territory. From this percentage, consumers find a kilo of bread between R$ 12 and R$ 24. According to Paulo Menegueli, president of Abip, the values vary due to several factors. “It is necessary to take into account that establishments make a price sheet and local expenses may have a different cost than in other regions”, he argues. He also recalls that, due to the coronavirus pandemic, many bakeries and confectioneries have not returned to normal and still suffer from the low frequency of consumers. “In these two years, establishments had to reinvent ...