Bread Prices Go Down


The price of bread is expected to come down to a minimum of US$0.85 with effect from this Friday following an agreement reached by the Retailers Association of Zimbabwe, National Bakers Association of Zimbabwe and the Grain Millers Association of Zimbabwe.

The price of bread which currently at US$1 per loaf is expected to range from $0.85 to $0.99 following the latest development.

It was resolved that rounding up of retail prices of bread to $1 is no longer fair and necessary in light of the introduction of bond coins by the Reserve Bank of Zimbabwe.

The millers committed themselves to revise downwards the prices of bread flour to bakers, who in turn pass the price drop to the retailers for the benefit of the customers.

Source: zbc