Bread in Europe has risen in price by 18% over the year

Published 2022년 9월 19일

Tridge summary

According to Eurostat, the average price of bread in the European Union has increased by 18% compared to August of the previous year. The price increase was the most in Hungary (66%), Lithuania, Estonia, and Slovakia (over 30%), while the lowest average increases were seen in France (8%), the Netherlands, and Luxembourg (10% each). This price increase comes as the eurozone's inflation rate, which reached 8.9% annually in July, is expected to hit 10% in October.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bread in Europe has risen in price by 18% on average compared to August last year. This is evidenced by data from Eurostat. "In August 2022, the price of bread in the EU was on average 18% higher than in August 2021," the statistical office reports, noting that in August 2021 the price of bread rose by only 3% compared to the same period in 2020- go. According to Eurostat, prices rose the most in Hungary - plus 66%, in Lithuania, Estonia and Slovakia bread rose in price by more than 30%. The lowest average rates of rise in prices were noted in France (plus 8%), the Netherlands and Luxembourg (10% each). In August, Eurostat reported that the inflation rate in the eurozone in July reached 8.9% per annum, having updated its historical maximum. Among the countries with the highest inflation rate for the year ...
Source: RG

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