Average price of white pan bread eases in May
June 15, 2007
by Eric Schroeder
WASHINGTON — A month after moving up 4c a lb, the average price paid for white pan bread fell back in May, easing 0.9c a lb, according to the latest data from the Bureau of Labor Statistics of the U.S. Department of Labor. The price of whole wheat bread, meanwhile, jumped 6.1c, only the second time in the past five years that the segment has recorded a month-over-month gain of more than 6c.
The national average retail price of white pan bread was 119.2c, according to the B.L.S. The May price for white pan bread increased 10.6c compared with May 2006. On a month-to-month basis, the average price for white pan bread fell in all regions, except the West, where it rose 0.8c. Declines of 0.4c, 2.4c and 1.2c were recorded in the Northeast, Midwest and South, respectively.
The national average price for whole wheat bread rose to 169.8c. Year over year, the national average price of whole wheat bread was up 32.3c.
The national average price of family flour in May was 35.1c per lb, down 0.3c from April but up 2c from May 2006.
The national average price for spaghetti and macaroni in May was 86.2c per lb, down 6.6c from April but up 1.3c from May 2006. Chocolate chip cookies were 268.5c per lb, up 0.4c from April but down 11.2c from May 2006.