Friday June 22nd 2018 | 13:20

Price differences from 2013-2018

2013 to 2018 price changes

What's happened in the past 5 years?

So, what has happened in the past 5 years that affects bakers and cake making?

If you were trading as a cake business 5 years ago we have done some examples of costs from then to now. If you are still working on the same prices from last year- think again!

 

Dec-13

Dec-14

Dec-15

Dec-16

Dec-17

May-18

Sugar per KG

86p

86p

67p

67p

69p

76p

Butter per 250g

1.55

1.57

1.48

1.48

1.75

1.81

 

 

 

 

 

 

 

Petrol per Ltr

130.8

117.1

104.6

115.5

120.8

126.3

 

 

 

 

 

 

 

National min.wage

6.31

 

 

 

 

7.83

Source:- https://www.ons.gov.uk/ https://www.petrolprices.com/

https://www.gov.uk/national-minimum-wage-rates

 

Just in this last year key ingredient prices have increased and therefore consumers must expect to pay a decent amount when buying cakes as gifts and treats.

Always worth reviewing your prices, look at the petrol prices that have changed in the past year. Remember when costing out your time, you need to include all time spent in the kitchen, setting up, cleaning equipment and sterilizing down. Remember time spent shopping for ingredients. Remember to cost out ALL you have used- boxes, ribbon, cake cases, boards, electric, washing up liquid, every sprinkle!

As professional bakers SHOULD NOT be working for the national minimum wage! Bakers have spent time testing recipes, honing skills, developing a craft, purchasing the right size tins, equipment, and all have cupboards full of various tools and trinkets to gain the exactly the right illusion, taste and texture for their customers. This craft is not the equivalent of an unskilled job!

If you went to the hairdressers and ordered a haircut from the junior you would HOPE it came out as you wanted. If a customer wants to pay in the ‘hope’ the cake will come out as they would like- then let them go to the ‘trainee’ baker!

 

Here's some of the fabulous creations that have gone out this weekend.