Bakers set to cut price of Pinoy Pandesal

ABS-CBN News

Posted at May 14 2012 06:56 PM | Updated as of May 15 2012 02:56 AM

MANILA, Philippines - Bakers have promised to lower the price of Pinoy Pandesal on May 29.

Bakers are set to cut the price of a 10-piece pack of Pinoy Pandesal by P1.

Philbaking director Walter Co said the price cut is just a "goodwill" gesture for the public, even though flour millers have yet to bring down the price of flour.

If the price of a sack of flour is cut by P40, bakers said they can lower the prices of regular pandesal and loaf break.

The price of a sack of flour remains at P880-P910, despite claims by local flour millers that they have lowered prices to P840-P870 per sack. - Report from Alvin Elchico, ABS-CBN News