Gateaux House ups prices 5-7%

Bakery shop Gateaux House Co Ltd has increased some of its bakery prices between five to seven per cent during the first nine months of this year, on the back of rising raw material costs, according to the company's managing director Parichat Laisathit.

Parichat said the price increase follows the increase in raw materials. The costs of Milk and wheat flour in particular jumped between 10-20 per cent.

Offering upto 100 items, the bakery shop has raised the prices of some items in line with the increasing costs of raw materials the items require.

"We had tried to absorb the increase in production cost until we could no longer do it. So we decided to raise the prices," she said.

The increase came despite the sluggish economy which has hurt sales of bakery shops. Parichat noted that consumers have reduced their spending so far this year.

- The Nation

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Gateaux House ups prices 5-7%

Bakery shop Gateaux House Co Ltd has increased some of its bakery prices between five to seven per cent during the first nine months of this year, on the back of rising raw material costs, according to the company's managing director Parichat Laisathit.

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