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”.