All over Europe, the price of bread has risen significantly, Poland is on the wave of an alarming trend

Published 2022년 9월 21일

Tridge summary

The article highlights the significant rise in bread prices across the European Union, with the surge being attributed to Russia's invasion of Ukraine. The conflict has disrupted the global markets for grain, vegetable fats, and artificial fertilizers, given that Ukraine and Russia are major exporters of wheat, corn, sunflower oil, and fertilizers. The price increase varies across countries, with Hungary experiencing the highest rise (66%) in August 2022 compared to the same period in 2021. The average bread price increase in the EU was 18% in August 2022 compared to the previous year, with France seeing the least price rise (8%). Other countries like Lithuania, Estonia, and Slovakia reported price increases of 33%, 32%, and 32% respectively.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the countries of the European Union, the prices of bread reach the highest records. One of the reasons for expensive bread in Europe is Russia's invasion of Ukraine, which shook the world markets of grain, vegetable fats and artificial fertilizers. Along with bread, edible oils and fats rose in price in Europe the most. The high price is recorded in almost all countries, only in France the price increase is not so significant. Hungarians have to pay exorbitant prices for bread, who, according to Eurostat, paid 66% more for bread in August 2022 than in the same period in 2021. One of the reasons for the expensive bread in Europe is Russia's invasion of Ukraine, which has shaken the world markets for grain, vegetable fats and artificial fertilizers. Both countries are leading exporters of wheat, corn, sunflower oil and fertilizers. In August 2022, bread prices in the European Union increased by an average of 18% compared to August 2021. This is a huge change, considering that ...

Source: AllRetail.ua