France may have to increase price of baguettes
France is synonymous with bread and pastries. In particular, the croissant and the baguette spring to mind. The latter is currently under pressure. Increasing costs are forcing many bakers to close their bakeries or raise baguette prices. Soaring energy costs and wheat supply issues caused by the Ukraine War are making life financially untenable for many in the baguette-making industry. One baker, Julien Pedussel, 36, expressed his fears for his livelihood. He may have to raise his baguette prices from one to four euros. He told reporters: "I cannot pay an electricity bill of 12,000 euros with a turnover of 20,000 euros." He is concerned that big supermarkets are still selling baguettes for less than a euro. |