GITNUX REPORT 2024

Global Price Check: Average Cost Of A Loaf Of Bread

Bread prices worldwide: from $2.60 in the US to €1.20 in France, a global perspective.

Author: Jannik Lindner

First published: 7/17/2024

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The average cost of a loaf of bread in South Africa is ZAR15.

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In Nigeria, the average cost of a loaf of bread is NGN 500.

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In Egypt, the average cost of a loaf of bread is EGP 5.00.

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The average cost of a loaf of bread in Kenya is KES 50.

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In Japan, the average cost of a loaf of bread is ¥250.

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The average cost of a loaf of bread in India is INR 30.

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In China, the average cost of a loaf of bread is CNY 6.00.

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The average cost of a loaf of bread in Saudi Arabia is SAR 5.00.

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The average cost of a loaf of bread in South Korea is KRW 3,000.

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In Turkey, the average cost of a loaf of bread is TRY 3.00.

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In Vietnam, the average cost of a loaf of bread is VND 20,000.

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The average cost of a loaf of bread in the Philippines is PHP 35.

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In Thailand, the average cost of a loaf of bread is THB 35.

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The average cost of a loaf of bread in Indonesia is IDR 15,000.

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In Japan, the average cost of a loaf of bread has remained stable over the past five years.

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The average cost of a loaf of bread in Saudi Arabia is subsidized by the government to ensure affordability.

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In Australia, the average cost of a loaf of bread is AU$3.00.

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In Australia, the average cost of a white bread loaf is AU$2.80.

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In Europe, the average cost of a loaf of bread is €1.50.

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The average cost of a loaf of bread in the UK is £0.97.

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The average cost of a loaf of bread in Germany is €1.30.

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The average cost of a loaf of bread in France is €1.20.

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In Russia, the average cost of a loaf of bread is RUB 40.

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The average cost of a loaf of bread in Italy is €1.40.

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In Spain, the average cost of a loaf of bread is €1.20.

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The average cost of a loaf of bread in Sweden is SEK 20.

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In Germany, the average cost of a whole wheat bread loaf is €2.50.

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The average cost of a loaf of bread in the UK has decreased by 2% compared to last year.

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The average cost of a loaf of bread in France is affected by a 5% value-added tax.

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The average cost of a loaf of bread in Russia has seen a 3% decrease in the past six months.

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In Italy, the average cost of a loaf of bread is affected by fluctuations in wheat prices.

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The average cost of a loaf of bread in the United States is $2.60.

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The average cost of a loaf of bread in Canada is CAD$2.50.

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In Mexico, the average cost of a loaf of bread is MXN 20.

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The average cost of a loaf of bread in Canada has increased by 1.8% in the past year.

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In Mexico, the average cost of a loaf of bread varies by region, with urban areas being more expensive.

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The average cost of a loaf of bread in New Zealand is NZD 2.50.

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In Brazil, the average cost of a loaf of bread is BRL 6.00.

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In Argentina, the average cost of a loaf of bread is ARS 80.

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In Argentina, the average cost of a loaf of bread has increased by 10% due to inflation.

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Summary

  • The average cost of a loaf of bread in the United States is $2.60.
  • In Europe, the average cost of a loaf of bread is €1.50.
  • The average cost of a loaf of bread in the UK is £0.97.
  • In Australia, the average cost of a loaf of bread is AU$3.00.
  • The average cost of a loaf of bread in Canada is CAD$2.50.
  • In Japan, the average cost of a loaf of bread is ¥250.
  • The average cost of a loaf of bread in South Africa is ZAR15.
  • In Brazil, the average cost of a loaf of bread is BRL 6.00.
  • The average cost of a loaf of bread in India is INR 30.
  • In China, the average cost of a loaf of bread is CNY 6.00.
  • The average cost of a loaf of bread in Germany is €1.30.
  • In Mexico, the average cost of a loaf of bread is MXN 20.
  • The average cost of a loaf of bread in France is €1.20.
  • In Russia, the average cost of a loaf of bread is RUB 40.
  • The average cost of a loaf of bread in Italy is €1.40.

From the humble slice to the artisanal boule, the cost of a loaf of bread varies as much as its flavors around the globe. In the United States, you might spend $2.60 for a loaf, while across the pond in Europe, it could be €1.50. Grabbing a loaf in the UK sets you back only £0.97, but in Australia, be prepared to fork out AU$3.00. Join us as we embark on a doughy journey to explore the diverse price tags of this beloved staple worldwide!

Africa

  • The average cost of a loaf of bread in South Africa is ZAR15.
  • In Nigeria, the average cost of a loaf of bread is NGN 500.
  • In Egypt, the average cost of a loaf of bread is EGP 5.00.
  • The average cost of a loaf of bread in Kenya is KES 50.

Interpretation

In a world where the price of a loaf of bread can vary from a luxury item to a pocket change essential, one thing is clear: bread is more than just a staple food—it's a reflection of economic diversity. Whether you're munching on a ZAR15 slice in South Africa, indulging in a NGN 500 bite in Nigeria, savoring an EGP 5.00 crumb in Egypt, or enjoying a KES 50 crust in Kenya, the cost of bread tells a story of inflation, purchasing power, and the undeniable importance of this humble loaf in shaping our daily lives and economies.

Asia

  • In Japan, the average cost of a loaf of bread is ¥250.
  • The average cost of a loaf of bread in India is INR 30.
  • In China, the average cost of a loaf of bread is CNY 6.00.
  • The average cost of a loaf of bread in Saudi Arabia is SAR 5.00.
  • The average cost of a loaf of bread in South Korea is KRW 3,000.
  • In Turkey, the average cost of a loaf of bread is TRY 3.00.
  • In Vietnam, the average cost of a loaf of bread is VND 20,000.
  • The average cost of a loaf of bread in the Philippines is PHP 35.
  • In Thailand, the average cost of a loaf of bread is THB 35.
  • The average cost of a loaf of bread in Indonesia is IDR 15,000.
  • In Japan, the average cost of a loaf of bread has remained stable over the past five years.
  • The average cost of a loaf of bread in Saudi Arabia is subsidized by the government to ensure affordability.

Interpretation

In a world where the cost of a simple loaf of bread can vary from the price of a gourmet coffee to a fancy dinner, the global bread economy is quite a loafy matter! While Japan's bread price remains as steady as a well-kneaded dough, Saudi Arabia takes the cake (or should we say, bread) by sweetening the deal with government subsidies. So next time you bite into that humble slice, remember it's not just a carb-loaded snack; it's a global slice of economic diversity.

Australia falls under the category of Oceania

  • In Australia, the average cost of a loaf of bread is AU$3.00.

Interpretation

In the land down under, where kangaroos roam and Vegemite flows like water, the cost of a humble loaf of bread stands at AU$3.00. While some may argue that it's merely a basic necessity, others see it as a symbolic representation of the Aussie way of life – sturdy, dependable, and a tad bit salty. So next time you reach for that slice of toast, remember, you're not just buying bread, you're investing in a delicious slice of Australian culture.

Australia is categorized as part of **Oceania**

  • In Australia, the average cost of a white bread loaf is AU$2.80.

Interpretation

In Australia, the average cost of a loaf of white bread is currently AU$2.80 - a price that might make you question whether you're buying bread or a golden ticket to Willy Wonka's factory. While this may seem like a simple statistic on the surface, it actually speaks volumes about the economic realities faced by many households. In a world where avocado toast is a symbol of millennial extravagance, the humble loaf of bread remains an essential staple that should not be overlooked in discussions of cost of living and affordability.

Europe

  • In Europe, the average cost of a loaf of bread is €1.50.
  • The average cost of a loaf of bread in the UK is £0.97.
  • The average cost of a loaf of bread in Germany is €1.30.
  • The average cost of a loaf of bread in France is €1.20.
  • In Russia, the average cost of a loaf of bread is RUB 40.
  • The average cost of a loaf of bread in Italy is €1.40.
  • In Spain, the average cost of a loaf of bread is €1.20.
  • The average cost of a loaf of bread in Sweden is SEK 20.
  • In Germany, the average cost of a whole wheat bread loaf is €2.50.
  • The average cost of a loaf of bread in the UK has decreased by 2% compared to last year.
  • The average cost of a loaf of bread in France is affected by a 5% value-added tax.
  • The average cost of a loaf of bread in Russia has seen a 3% decrease in the past six months.
  • In Italy, the average cost of a loaf of bread is affected by fluctuations in wheat prices.

Interpretation

In a whirlwind tour of European bread prices, it seems that our daily staple is subject to a myriad of economic influences. From the budget-friendly loaf of £0.97 in the UK to the slightly more indulgent €2.50 for whole wheat in Germany, bread prices spin a colorful tale. With fluctuating wheat prices in Italy and a 5% value-added tax jazzing up the cost in France, navigating the bread aisle is not just a matter of taste but also of geopolitical and economic savvy. But fear not, for despite the variations across the continent, the humble loaf remains a universal symbol of sustenance, connecting us all in the shared experience of breaking bread.

North America

  • The average cost of a loaf of bread in the United States is $2.60.
  • The average cost of a loaf of bread in Canada is CAD$2.50.
  • In Mexico, the average cost of a loaf of bread is MXN 20.
  • The average cost of a loaf of bread in Canada has increased by 1.8% in the past year.
  • In Mexico, the average cost of a loaf of bread varies by region, with urban areas being more expensive.

Interpretation

In a world where the cost of a loaf of bread can spark debates across borders, it seems we're all kneading dough differently. While Americans fork over $2.60, Canadians enjoy a slightly cheaper loaf at CAD$2.50. Meanwhile in Mexico, where bread prices dance to their own colorful tune at MXN 20, urbanites might find themselves buttering up a bit more coin. With Canadian bread prices puffing up by 1.8% and Mexican variations spicing up the mix, one thing's for sure - the cost of breaking bread stretches beyond simple economics into a cultural feast of its own.

Oceania

  • The average cost of a loaf of bread in New Zealand is NZD 2.50.

Interpretation

In New Zealand, where hobbits might be tempted to splurge on a loaf of Lembas bread for their epic quests, the average cost of a regular loaf is a more modest NZD 2.50. While it may not possess magical powers to prolong life or ward off evil, this humble loaf remains a staple for Kiwis as they navigate the daily adventures of balancing budgets and battling hunger pangs. So, whether you're on a journey to Mordor or just making a sandwich for lunch, remember that even a seemingly simple slice of bread carries with it a taste of resilience and sustenance.

South America

  • In Brazil, the average cost of a loaf of bread is BRL 6.00.
  • In Argentina, the average cost of a loaf of bread is ARS 80.
  • In Argentina, the average cost of a loaf of bread has increased by 10% due to inflation.

Interpretation

In the ongoing battle of bread prices between Brazil and Argentina, it seems like inflation has chosen a side. While Brazilians are paying BRL 6.00 to satisfy their carb cravings, our counterparts in Argentina are shelling out ARS 80, with an added inflationary pinch of 10%. It appears that in this doughy duel, the rising cost of a loaf serves as a stark reminder that when it comes to bread, inflation is the yeast that always seems to rise.

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