Search icon

Feature

20th Dec 2016

The Cost Of Breakfast Is The Lowest It’s Been In 5 Years

seank

Recent figures indicate that the cost breakfast is the lowest it’s been in five year.

Financial Times took a weighted average of the breakfast commodities wheat, milk, coffee, orange juice, sugar and lean hogs and found that they were at their cheapest levels internationally since 2010.

brekkie

Price reductions seen in these commodities were 28% for coffee, 23% for wheat, 22% for sugar, 16% for lean hog, 10% for orange juice, and 2% for milk.

This fall in the price of breakfast commodities is thanks to plentiful supplies, since prices soared in the previous years because of factors like an epidemic among swine, freak weather events affecting cocoa yields, and Russia’s incursion into Crimea pushing up the price of wheat.

Topics: