‘Breadflation’ A Major Sign Of Surging Prices

While prices are going up just about everywhere, a few items tend to stand out more than others.

Enter ‘Breadflation’. The average per-pound price of white bread in the U.S. has surged more than 25% since the pandemic began.

And premium loaves of bread are selling for as much as $10. One analyst told Bloomberg that the price of bread can have “the same impact as gasoline hitting $5 a gallon”.

The weather’s so hot that farmers are feeding sports drinks to chickens https://t.co/eRcvzKWTbJ

— Bloomberg (@business) July 22, 2022