Paris Baguette, a leading brand in the bakery industry, will raise prices of some products by an average of 5.9% starting from the 10th.

The items subjected to price increases include 96 types of bread and 25 types of cakes. An official from the company noted, "Due to rising raw material costs and various expenses, we have inevitably adjusted prices."

Paris Baguette, a leading brand in the bakery industry, raises the prices of some products by an average of 5.9% starting from Oct. 10./Courtesy of Yonhap News Agency

The price increase at Paris Baguette comes two years after February 2023. Recently, food companies have been raising prices due to cost burdens, suggesting that consumers' wallets are likely to become thinner.