Misery after miseries is falling upon us. We have been tightening our belts since the start of the year to be able to pay for the basic utilities and food, as from Monday we have to fasten it further more. Your bread will be more expensive: bread prices will be subject to a surprising 8% price hike.
The new prices are shown in the table below.
The Mauritius Bakery Owners Association president Nazir Hosany has welcomed this news very happily though the members had asked for a hike of greater than 8%. He further claims that though basic food stuffs have had a price increase, the price of bread has remained the same for the past 3 ½ years. With tough competition now from supermarkets that are also in the bread business, bakeries are indeed finding their profits being plummeted. However, the bakeries should also inspire themselves from Pick and Pay who manages to produce low cost breads.
While there is a great smile on the bakery owners’ face, on the other hand the monthly expenses’ burden of the Mauritians is getting heavier. The president of the Association for the Protection of the Environment and Consumers (APEC), Suttyhudeo Tengur, is against this price hike and severely condemns it. The poor families will indeed suffer the most from this rise. While world prices of basic food commodities have decreased the, policy in Mauritius seems to be different just to favour a certain group of people.
The consumers again will have to bear the consequences of bad government policies. The best we can hope is that this rise does not trigger an increase in the cost of other food stuffs made from flour.