Lobel Holdings has advised that starting Saturday, the 27th of October the price of bread will be going up by 100 percent. A loaf of bread will now cost $2.20 from the current price of $1.10. Bakers are reported to be pushing for the price of bread to go up to between $4 and $5 saying that the price of a loaf of bread should be pegged to US$1.
Proton Bakers also confirmed the same increase in the price of bread, although for Proton, the increase will be effective Sunday, the 28th of October, 2018.
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