Bread price increases are to ease in the coming months.
The price of bread, which has seen significant increases in the last year, is expected to ease in the coming months. According to bread producer, RCL Foods, global wheat prices will begin to flatten, and this will lead to the reduction of pressure on the consumer basket. The company told investors that it saw a noticeable change in consumer buying behaviour for bread in the six-month period ending December 2022. Meanwhile, the data has shown that chicken and beef prices could also fall.