Roasts As Pricey As Moscow Hit Rostov Bakeries

Price of baked goods in Rostov bakeries nears Moscow levels

In Rostov-on-Don, the price of baked goods has risen dramatically, inching closer to Moscow's prices.

Currently, in Rostov bakeries, a loaf of bread costs between 3 and 5 rubles, while in Moscow, the same loaf costs around 7 rubles.

Bakery owners cite several factors contributing to the price hike: rising flour and energy costs and increased demand.

The primary factor driving the price increase is the rising cost of flour and grain.

According to the Rostov Grain Exchange, the price of wheat has increased by 20% since the start of the year.

Additionally, the cost of electricity and gas has also increased, further pressuring bakeries.

Lastly, increased demand for baked goods, especially during the holiday season, has put further strain on supply.

Consumers have reacted to the price hike with a combination of frustration and acceptance.

Some shoppers are opting to buy less expensive bread or switching to cheaper alternatives like pasta or potatoes.

Others understand the economic pressures that bakeries are facing and accept the need for higher prices.

Bakery owners predict the high prices will continue in the short term, with a potential for further increases in the future.

However, they believe that consumer demand will remain strong, as bread is a staple food in the Russian diet.

Some bakeries are exploring cost-cutting measures to mitigate the impact of rising prices.