Lailam Bakery reopened last year and has kept prices affordable for bread and other baked goods. (Nation of Seychelles)
With an increase in the cost of flour and other ingredients needed for baking, some bakeries in Seychelles will increase the prices of their products.
The potential increase in the cost of some baked goods comes after Seychelles experienced a shortage of flour earlier in the year.
The Seychelles Trading Company (STC), a state-owned importer, told a recent press conference that it was because a cargo from Mauritius which had been hit by a cyclone could not arrive in the country on time.
When announcing the arrival of the flour in the country, STC said there would be no price increase as it absorbs the additional costs. She added that to avoid an increase in the price of bread, flour will be wholesaled to bakeries at cost price.
Murielle Dewals, owner of My Bakery located in the former children’s playground, told SNA that “we will definitely have to raise our prices because we’re not getting a break anywhere”.
|Dewals said that My Bakery also bake specialty items such as diabetic and Scandinavian bread. (Joe Laurence, Seychelles News Agency) Photo License: CC-BY|
She said that in addition to the cost of flour increasing by 15% in Europe, the same is true for Dubai and Turkey, and “this time I even had to pay the extra cost to bring in the flour by plane”.
Dewals explained that she was able to source flour from Reunion, which cost her company 900 euros in transport costs alone.
“STC imports the white flour that most bakeries in the country use, but we also bake specialty items such as diabetic and Scandinavian bread,” she explained.
Special flour used in baking is also taxed once it lands in the Seychelles, a group of 115 islands in the western Indian Ocean.
Patricia Lai Lam, owner of Lailam Bakery on Benezet Street in Victoria, told SNA it will have to raise the price of its products because “butter, oil, sugar and all the other ingredients we use on a daily basis have gone up”.
Lailam Bakeryone of the oldest bakeries in the Seychelles, reopened last year and has kept prices affordable for bread and other baked goods.
“We don’t know yet how much we will have to raise our prices and when we will. We are waiting to see what happens,” she said.
STC said it had purchased enough flour for three months and was looking for adequate storage facilities for the final shipment.
However, finance officials have warned that the ongoing dispute because Russia and Ukraine could affect world prices and Seychelles is dependent on imports could affect prices.