Some reassurance a jump in bread prices isn't major as food price inflation rises sharply. 

Latest Stats NZ data shows the rate's risen from 4% a month ago to 4.6%. 

In the past year, the very cheapest loaf of white bread has gone up by almost 60%, and steak and chocolate more than 20%. 

Baking Industry Association President Bernie Sugrue told Ryan Bridge most loaves of bread haven't had price rises as much as this, despite increased costs for bakeries. 

He says 60% doesn't represent a lift in all bread prices, just that one particular loaf. 

LISTEN ABOVE 

Some reassurance a jump in bread prices isn't major as food price inflation rises sharply.&nbsp;
Latest Stats NZ data shows the rate's risen from 4% a month ago to 4.6%.&nbsp;
In the past year, the very cheapest loaf of white bread has gone up by almost 60%, and steak and chocolate more than 20%.&nbsp;
Baking Industry Association President Bernie Sugrue told Ryan Bridge most loaves of bread haven't had price rises as much as this, despite increased costs for bakeries.&nbsp;
He says 60% doesn't represent a lift in all bread prices, just that one particular loaf.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Bernie Sugrue: Baking Industry Association President on the price of bread rising 60%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/23a84101-07cd-4c60-83c8-b3f4016a38e8/transcript