The Union of Bakery Owners in Cameroon has agreed with government authorities that there will be no increase in the price of bread, which was imminent as business persons complained about high flour prices.
It happened as a result of a drop in the production of wheat by supplying countries such as Russia, due to constraints which include COVID-19 among others, sources reveal.
With the limited availability of flour, prices are said to have gradually begun to increase. This pushed the bakery owners to start thinking of sharing the burden with consumers.
“Every year, we experience a rise in the price of flour. There is an increase of 3,000 FCFA which has been announced. From 19,500 FCFA to 22,500 FCFA, it’s almost double the price that we will have to pay. With the price of bread maintained, it will not be easy for us bakery owners. If the government does not do anything for us, we will close our doors” Lucas Yimgue, a member of the Union of Bakery Owners in Cameroon told CRTV web.
Decisions taken during the meeting held on 14 February 2022 between State authorities and bakery owners, come as a relief, especially to consumers who had started to notice a reduction in the size of a loaf of bread.