Tridge summary
The Bread Bakers Association in the Ashanti region of Ghana has increased the price of bread from GH¢5 to GH¢6 due to a rise in the cost of flour and baking materials. The association also attributed the price increase to rising fuel prices and transport fares. The situation has led to layoffs due to a lack of capital. The association urged consumers to accept the new price and explained that without the price increase, they would have to raise it to GH¢9 to continue operating.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
• Consumers will now buy bread at GH¢6 in Kumasi • The Bread Bakers Association in the Ashanti region have increased prices due to high cost of baking materials • They've urged consumers to embrace the new price Consumers have seen a sharp increment in the prices of bread in the Ashanti region. A loaf of bread which was selling at GH¢5 now costs GH¢6, a difference of GH¢1. According to the Bread Bakers Association in the region, the price increment is as a result of the high cost of flour and baking materials on the market. They also cited the increment in fuel prices and transport fares as another factor in their decision taken. The Association noted that the situation has had dire consequences on them to the extent that some of their workers had to be laid off because of the lack of capital. “Everyone will bear with us that the price of the materials we use in baking bread had gone up. We all know that the price of flour has increased, and it speaks ...
Source: Ghanaweb
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