Today Casa Pan Dulce, the main producer of bread in Western Belize, announced that it would be phasing out the production of its "price controlled" 16 ounce sliced bread and replacing it with a 17 ounce loaf. According to a press release issued by the bakery's management, the recent increase in fuel prices on top of rises in the cost of raw materials and import duties have made production and distribution of the product unsustainable. The price of 16 ounce sliced bread is controlled by the Bureau of Standards, so by slightly increasing the size Pan Dulce will be able to set it's own financially viable prices while still remaining competitive.
We spoke to a representative of Casa Pan Dulce earlier today who told us that he expects other bakeries throughout the country to make a similar change - which could signal an end to the price controlled regime for one of the most basic food staples.
The 17 ounce loaf will now retail for $2.00 dollars, which is a 25 cent increase over the 16 ounce.
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