Aug 2, 2022
Greggs raises prices as production costs jump
Greggs has increased prices for the second time this year, despite attempts by the bakery chain to mitigate the impact of inflation on customers. Greggs said it had increased prices again even though it had "Worked hard to mitigate the impact of rising costs on customers". Cost inflation "Increased significantly" in the first half "Driven by food, packaging and energy commodities", Greggs said. Greggs said at the start of the year that it would add between 5p and 10p to prices. In an attempt to limit further impact from inflation, the retailer has fixed production costs for food, packaging and energy for the next five months.
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