If you pick up a loaf of bread as part of your weekly shop, we've got some bad news for your bank balance.
The price of bread could rise in the next few weeks, and experts say it will have an impact on shoppers' pockets.
Wheat prices have hit a nine-year high after rising global demand sent the price of bread wheat up by 26.7 per cent in the past year.
It comes as other costs continue to increase including fuel for transport and gas used in baking ovens.
Experts say some of this will be absorbed by retailers but higher price tags on supermarket shelves such as Tesco, Asda, Aldi, Lidl and more are 'unavoidable'.
Pasta prices have already started to rise in recent weeks with more increases likely and, globally, food prices are now at a ten year high.
Alice Jones, analyst with agricultural body, AHDB, said: "Global wheat prices keep climbing each week on the back of supply concerns, and UK prices are following global trends."
She added: "As long as global prices keep rising there is scope for domestic prices to keep rising."
