Average price of white pan bread, wheat bread soars
November 16, 2007
by Eric Schroeder
WASHINGTON — The average price paid for white pan bread moved up 6.2c per lb in October, according to the latest data from the Bureau of Labor Statistics of the U.S. Department of Labor. The gain was the largest month-over-month advance since May 2005. The price of whole wheat bread, meanwhile, rose 7c per lb to a record 177.1c. This followed two consecutive months of lower prices.
The national average retail price of white pan bread was 127.4c, according to the B.L.S. The October price for white pan bread increased 17.7c compared with October 2006. On a month-to-month basis, the average price for white pan bread rose in all four regions — South, up 1.4c; Midwest, up 8.8c; West, up 10.8c; and Northeast, up 6.9c.
At 177.1c per lb, the national average price for whole wheat bread was up 34.4c year-over-year.
The national average price of family flour in October was 35.5c per lb, down 0.5c from September but up 3.4c from October 2006.
The national average price for spaghetti and macaroni in October was 84.9c per lb, down 2.2c from September and down 1.1c from October 2006. Chocolate chip cookies were 269.6c per lb, up 2.5c from September but down 31.6c from October 2006.