White pan bread price dips, wheat bread rises
June 13, 2008
by Eric Schroeder
WASHINGTON — The average price paid for white pan bread eased 0.3c per lb in May, the first month-to-month decline since November 2007, 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, continued its record pace, soaring 5.3c per lb to a record 197.3c per lb.
The national average retail price of white pan bread was 137c according to the B.L.S. The May price for white pan bread increased 17.8c compared with May 2007. On a month-to-month basis, the average price for white pan bread rose in two regions —West, up 6.4c and South, up 3.2c — and fell in two, Northeast, down 8.3c and Midwest, down 1.1c.
At 197.3c per lb, the national average price for whole wheat bread was up 27.5c year-over-year.
The national average price of family flour in May was 53.4c per lb, up 1.6c from April and up 18.3c from May 2007.
The national average price for spaghetti and macaroni in May was 110.1c per lb, down 1.7c from April but up 23.9c from May 2007. Chocolate chip cookies were 287c per lb, up 9c from April and up 18.5c from May 2007.