New records again achieved in average bread prices
March 16, 2007
by Eric Schroeder
WASHINGTON — The average price paid for white pan bread again posted a record high, nearing 117c per lb in February, according to the latest data from the Bureau of Labor Statistics of the U.S. Department of Labor. The price of whole wheat bread rebounded from a drop-off in January to post a record high as well.
The national average retail price of white pan bread moved up 1.5c per lb to a record high of 116.8c, according to the B.L.S. The February price for white pan bread increased 13.9c compared with February 2006. On a month-to-month basis, the average price for white pan bread was up 3.5c, 2.4c, and 1.7c in the Midwest, South and West, respectively. The average price fell 2.8c in the Northeast.
The national average price for whole wheat bread moved up 3.5c per lb to 164c. The rebound came after the price fell back 1.5c per lb in January. Year over year, the national average price of whole wheat bread was up 31.8c.
The national average price of family flour in February was 35.6c per lb, up 1c from January and up 3c from February 2006.
The national average price for spaghetti and macaroni in February was 89.5c per lb, up 3.9c from January and up 4.7c from February 2006.