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Rising prices: Are bakers taking money out of our pockets? | Capital+

Rising prices: Are bakers taking money out of our pockets? | Capital+

A baker takes a loaf of bread from the display behind the counter

© Jan Woitas / Picture Alliance

by Rolf-Herbert Peters

8 mins

Supermarkets are lowering prices – but bakers have been driving them up for years. This cannot be explained by the crises. Some are probably lining their pockets.

Thomas Göing, a baker in Hanover, has done something quite unusual – he's lowered his prices. The 46-year-old is offering many of his approximately 60 items at 10 to 25 percent off their previous prices. The 750-gram standard loaf, for example, now costs €2.95 instead of €3.50. "Top quality, crispy, with real sourdough," Göing praises the coveted loaf.

So why the price drop?

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