Russian bread producers warn of sharp price increases

The prices of Russian producers for bread by the end of this year may increase by seven to ten percent due to an increase in production costs. RBC writes about this with reference to the executive director of the National Union of Bakery Rustam Aidiev. The head of the union, in turn, explains its increase by the rise in price of flour (the main raw material for the production of bakery products), as well as by the growing logistics costs for the second year already and the increase in labor costs for workers. He noted that in general, from June last to the same month of the current year, the price of flour gradually decreased. However, over the past month, according to him, premium wheat flour has risen in price at a record pace over the past 15 years, and already costs 15-18 percent more than last year. Aidiev also said that last year the share of expenses for the delivery of bakery products in the total cost even exceeded that of flour. The problem is especially acute, according ...