Economics

French Bakers to Raise Baguette Prices After Wheat Costs Double

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“Liberty and baked bread” are all people really need, goes an old French proverb. One of those is about to get more expensive as bakeries raise baguette prices to pass on surging grain costs.

“We have no choice,” said Michel Galloyer, whose baguette was voted the best in Paris in 2010. “Wheat prices have exploded. We’ll have to pass on 4 to 5 cents when flour prices start to rise, probably in February.”