White pan bread price up, whole wheat down
August 14, 2008
by Eric Schroeder
WASHINGTON — The average price paid for white pan bread advanced 1.1c per lb in July, 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, fell 4.9c per lb, its sharpest month-to-month decline since plummeting 12.8c per lb in October 2005.
The national average retail price of white pan bread was 138.4c according to the B.L.S. The July price for white pan bread increased 17.5c compared with July 2007. On a month-to-month basis, the average price for white pan bread rose in three regions —Midwest, up 3c; Northeast, up 2.9c; and South, up 0.7c — and fell in one, West, down 4c.
At 193.3c per lb, the national average price for whole wheat bread was up 18.3c year-over-year.
The national average price of family flour in July was 54.4c per lb, up 1.5c from June and up 19.1c from July 2007. The gain comes on the heels of the category’s first month-to-month decline in prices since October 2007, according to the B.L.S.
The national average price for spaghetti and macaroni in July was 114.8c per lb, up 3.1c from June and up 25.5c from July 2007. Chocolate chip cookies were 299.3c per lb, up 11.8c from June and up 24.5c from July 2007.