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The co-owner of Kiedrowski’s Simply Delicious Bakery in Amherst lamented the rising costs of many of his key ingredients. Inflation and supply chain issues contributed to higher prices of things like butter, which was $1.30 per pound more than nine months prior. Tim Kiedrowski and his son Michael explained the price of some of the ingredients previously climbing have since leveled off. At the same time, others remain high. Cream cheese, a staple of which the bakery uses 500 pounds weekly in its famous “snoogles” and danishes, has gone up in price by 58%.
“They’re taking a pause here just to wait and see,” said Dr. Bill Kosteas, a Cleveland State economics professor and the dean of the College of Graduate Studies. “It’s not an easy balance to strike. They’re really trying to thread a needle here.” “Over the next couple of months, we’ll get a few more data points on what’s happening with inflation. And we’ll start to get a clearer picture, hopefully, of where things are going,” Kosteas said.