Thursday, June 16, 2022

Croissant Story

 I sat and reviewed a Focus business report this morning....which drilled down upon croissants (one of my favorite bakery items in Germany).

Someone noted that in a Bavarian bakery....in the past week, they'd noted the price for a croissant escalating to 2.19 Euro ($2.28 US).  

If you used pricing from France/Germany in 2019 (before Covid)....a typical croissant ran around 1-Euro to 1.30-Euro.  

Locally, for me presently....it's up to the 1.70 Euro range, and I would imagine it hitting 2-Euro by the end of the summer.  

The key question....does the escalation continue into 2023?  Could you be looking at a 3-Euro item?

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