Several types of bread will become cheaper starting today. The head of the Georgian Bread Bakers Association Malkhaz Dolidze says that from September 22, Ipkli Digomi will reduce the price on four types of bread by 10 tetri. As he notes, "Temka Puri" will also make bread cheaper by the same amount.
"The trend is different compared to the last year. If the price of 1 ton of wheat was $500 in 2021, this year it ranges between USD 240-270. Therefore, the price of flour is also different this year. In such cases, aquestion arises - why the bread price is not getting cheaper? Everything needs time. Several producers have already recalculated, and I have information that from September 22, "Ipkli Digomi" is reducing price on four types of bread. In addition, the head of "Temka Puri" also said that they will also reduce 10 tetri. The price of bread in the regions has already been reduced by 10 tetri.
It is not talk about the price increase before the New Year. I hope that the market will stabilize even more in the near future. Probably, other bakers will follow the desion of "Ipkli Dighom" and "Temka Bread". The competition and the market economy are such that it mentally makes everyone think that they should stay in the market and sell their products," said Malkhaz Dolidze.
The bread price became cheaper due to the decrease in the price of wheat and flour. On the one hand, due to the excess harvet in Russia and on the other hand, due to the opening of the Ukrainian corridor, the floating export tax on grain in Russia was reduced to USD 45.
