Bulgarians celebrate Christmas with the most expensive bread

Published 2021년 12월 7일

Tridge summary

Bulgarian Christians will be facing the most expensive Christmas bread in the country's history due to a significant increase in the cost of flour. The price of flour in Bulgaria has surged by 100%, and European flour by approximately 50%. This was highlighted by Mariana Kukusheva, the chairwoman of the National Branch Union of Bakers and Confectioners. She attributed this surge in prices to the presence of the gray sector in the milling industry, a shrinking market, and the high costs of energy. The high energy prices are causing unpredictability and are a major factor in bakers closing their operations. The union is advocating for long-term energy contracts for producers to stabilize the market and reduce costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bulgarians will celebrate Christmas with the most expensive bread they have ever made. The reason is in the prices of flour, which in Bulgaria have jumped by 100%, and European flour by about 50%. This was explained to the Telegraph by Mariana Kukusheva, chairwoman of the National Branch Union of Bakers and Confectioners. Kukusheva stressed that flour has never been so expensive. She explained their higher prices in our country compared to those in other EU countries for several reasons. One is the presence of the gray sector in the milling industry. Second, the shrinking market. The low consumption, which immediately gives higher prices to compensate, in contrast to the wide market, which forms a lower cost. A cursory review of retail prices of flour in a Bulgarian supermarket shows that classic white flour extra quality goes from BGN 1.65 per kg, the same, but with an established standard, is BGN 1.85 per kilo. The classic type 500 can be bought for BGN 1.45. When they are in a ...
Source: Standartnews

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