Bread in European countries has risen in price by 18% in a year

Published 2022년 9월 20일

Tridge summary

The article highlights the significant rise in food prices, particularly bread, across the European Union (EU) over the past year, with the average bread price increasing by 18% in August 2022 compared to the same month in 2021. This surge is largely attributed to the ongoing Russian invasion of Ukraine, which has disrupted the export of key agricultural commodities like grain, wheat, corn, oilseeds, and fertilizers, thereby impacting the availability and affordability of food in the EU. The price increase varies across EU countries, with Hungary experiencing the most significant rise (66%). The overall inflation rate in the eurozone in August 2022 was 9.1%, up from 8.9% in July, indicating a continued escalation in the cost of living for EU citizens.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Food prices, in particular bread, in Europe have risen significantly over the past year due to the Russian invasion of Ukraine. This is reported by Eurostat. "Bread, vegetables, meat - food has become more expensive. The prices of cooking oils and fats have increased especially sharply, but also basic food products such as bread have also become significantly more expensive," the report said. The statistical office reports that in August 2022 the price of bread in the EU was on average 18% higher than in August 2021. "This is a huge increase compared to August 2021, when the price of bread was on average 3% higher than in August 2020," Eurostat adds. Experts add that Ukraine and Russia were major exporters of grain, wheat, corn, oilseeds and fertilizers. In addition, according to Eurostat, some EU countries are experiencing a more significant increase in food prices than others. The highest rates of change in bread prices were recorded in Hungary (+66% in August 2022), ...
Source: Epravda

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