INQUIRER.net: Millers refute need to hike bread prices too much; bakers disagree

INQUIRER.net Philippine News for Filipinos

Millers refute need to hike bread prices too much; bakers disagree Aug 1st 2013, 23:36 MANILA, Philippines—The prices of Pinoy Tasty and Pinoy Pandesal are set to rise on Aug. 20, after the Department of Agriculture (DA) recommended a hike in the tariff on low-priced Turkish flour.   In a joint statement, the Filipino-Chinese Bakery Association Inc. (FCBAI), Federation of Bakery Association Inc. (PFBAI) and Philippine Baking Industry Group (PhilBaking) said they would raise the price of Pinoy Tasty by P3 per loaf to P40 and Pinoy Pandesal by P1.50 to P24 per 10-piece pack.   FCBAI and PFBAI group bakery chains and neighborhood bakeries together, while PhilBaking represents the country's biggest bread brands like Gardenia.   But the ... Keep on reading: Millers refute need to hike bread prices too much; bakers disagree Media files: pandesal-bakery.jpg (image/jpeg)

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