Bakers: Margins checks won’t keep prices down, businesses under threat

Checks on the margins on foodstuffs launched by the Czech Ministry of Agriculture and the Office for the Protection of Competition will not succeed in halting price rises, says the Association of Bakers and Confectioners. In a statement released on Monday, it said its members had seen costs of producing breads rise 75 percent year on year.

The association said that a number of firms in the sector had either ceased or suspended their activities and that the existence of other bakeries was under threat.