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Bread and Pastries to Rise in Price as Flour Costs Surge
Israeli consumers face rising prices for bread and pastries as flour costs are set to increase by 10%-15% from November 1st.
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What happened
- 01Flour prices in Israel are expected to rise by 10%-15% starting November 1st.
- 02The Russia-Ukraine war has disrupted wheat supplies, a major cause of the price increase.
- 03Bakeries will pass on increased flour costs to consumers, raising prices of bread and pastries.
- 04Global factors including drought and shipping issues also contribute to higher wheat prices.
- 05Alternative wheat sources like Western Europe and Poland are significantly more expensive.
The surge is attributed to the Russia-Ukraine war disrupting wheat supplies from Russia, a key exporter to Israel, and forcing mills to import from more expensive sources like Western Europe and Poland. Global factors like drought and shipping disruptions also contribute to higher wheat prices, impacting Israeli bakeries.
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