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Pizza, Bagel Shops Have To Adjust For Higher Ingredient Prices

August 23, 2017: 12:00 AM EST
The USDA’s food-price inflation forecast for 2018 says the “unprecedented Midwest drought,” combined with higher prices paid to farmers, and lower imports, will probably push restaurant costs for baked goods up as much as four percent next year. But it will especially affect spring wheat-reliant pizza and bagel companies, including mom-and-pop shops, the hardest. To adjust for the higher cost of flour and other ingredients, while maintaining quality levels, they raise prices on certain products, hold the line on others. Inevitably, they lose a few customers, but in the long run they make more money: people are willing to pay more for better-quality baked goods. [Image Credit: © Mystic Pizza ]
"More dough for Pizza?; Rising costs of ingredients could inflate prices", North Port Sun (Florida), August 23, 2017, © Sun Coast Media Group
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