The price of a kilo of bread will increase by around 10% and could reach up to $400 in the coming days, as a result of the increase in the prices of flour and the inputs necessary for its preparation.

In this way, they estimated that prices will be adjusted by 10% towards the end of next week or the beginning of the next, with which a kilo of bread could reach up to $400 throughout the country.

The bakers assure that the Wheat Fund is faltering and cannot maintain prices, although they recognize that the Internal Trade Secretariat is active in control. However, they point out that consumption did not fall sharply, because bread is a key food item in the basic food basket.

According to the bakers, a 25-kilo bag of flour, with subsidies, costs $1,346 plus taxes, but without subsidies, it costs $2,500. For this reason, they explained that a kilo of bread, which is at $300 or $320, can go up to $340 with subsidized flour, but without a subsidy that value will be higher and could climb to $400.

The leaders of the sector insist that the activity is going through one of the most critical moments in recent years, since many bakeries have closed and those that are still open have reduced staff.