Greggs has warned that prices in its stores are likely to go up for the second time this year as it battles runaway increases in costs.
The bakery chain had already increased some prices at the start of the year, but it has now announced that further changes are expected. The cost of doing business is expected to rise between 6 per cent and 7 per cent for the company this year due to higher staffing and ingredient costs.
However, they said they will try to protect their reputation for being “outstanding value for money”. “This has necessitated some price increases, which were made at the start of this year, and further changes are expected to be necessary,” a Greggs spokesman said.
