Bread prices up 15% in Portugal
Diário de Notícias reports that bread prices rose 18% in August in the EU, 15% in Portugal. Among Member States, the biggest rises in the price of bread in August were registered in Hungary (65.5%), Lithuania (33.3%), Estonia and Slovakia (32.2% each).
The price of bread was, in August, 18% higher than in the same month of 2021 in the European Union (EU), Eurostat reported yesterday, as a result of the Russian offensive in Ukraine, which disrupted global markets.
According to the EU statistical service, the rise in the price of bread has accelerated since March, reaching a peak of 18% in August in the EU.
In Portugal, the price of bread increased by 15.0% between August 2021 and August 2022.
Among the member states, the biggest rises in the price of bread in August were registered in Hungary (65.5%), Lithuania (33.3%), Estonia and Slovakia (32.2% each). At the lower end of the bread price rises were France (8.2%), the Netherlands (9.6%) and Luxembourg (10.2%).
Eurostat points out that the prices of bread and cooking oil have risen sharply due to the Russian invasion of Ukraine, given that both countries are important exporters of cereals, such as wheat and corn, as well as fertilizers.
Thanks to PeterA for the link
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