Tridge summary
In the past year, Bulgaria has seen a 29% increase in bread prices, placing the country eighth in the EU for the highest increase. This trend is part of a broader issue across the EU, with bread prices on average rising by 18% in August compared to the same period in 2021. The significant price hike is attributed to the Russian invasion of Ukraine, which has disrupted global markets as both countries are major food and fertilizer exporters. The most significant price increases were in Hungary (66%), Lithuania (33%), Estonia, and Slovakia (both 32%), while the lowest increases were in France (8%), the Netherlands, and Luxembourg (both 10%).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In one year, the price of bread in our country has increased by 29%. According to Eurostat statistics, Bulgaria is in eighth place in the EU according to this indicator. Kukusheva: We categorically do not make bread with Ukrainian wheat In August this year, the price of bread in member states was on average 18% higher than the same period in 2021. This is a huge increase compared to August 2021, when bread was on average 3% more expensive than in 2020 Mr. According to analysts, the increase in food prices in general is mainly due to the Russian invasion of Ukraine. It significantly upset world markets, as Russia and Ukraine are major exporters of wheat, corn, sunflowers and fertilizers. Some Member States were much more affected than others. The highest average rate ...
Source: Agri
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