Milk content ‘undisclosed’, cream bread price ‘increased by 21%’

On the 8th, the Korea Consumer Organization Council urged improvement, saying that Korea's leading confectionery and bakery franchise company had excessively increased the price of cream bread made with raw milk and milk. The council investigated the prices of Paris Baguette and Tous Les Jours' main cream breads in 24 districts of Seoul in December last year. As a result of the survey, as of the fourth quarter of last year, the price of ‘Fresh Cream Bread’ at Paris Baguette stores in Seoul was 1,700 won, a 21.4% increase compared to the same period last year (1,400 won). Paris Baguette’s ‘Sweet Condensed Milk Baguette’ rose 9.7% from 3,100 won to 3,400 won, and Tous Les Jours’ cream puff rose 11.8% from 1,700 won to 1,900 won during the same period. This exceeds the average bread price increase rate of 6 to 9 percent announced by the two companies last year. Last year, due to the increase in the prices of raw milk and milk, the prices of secondary processed foods, including bread, ...