EU bread price rises 18% in August

Bread prices up 15% in Portugal

Bread prices rising

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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5 thoughts on “EU bread price rises 18% in August”

    • And time for this country to stop concreting over green field sites! We have one near us. Prime farming land. A huge site which has been given permission for 800 homes – and counting! Total madness, but very convenient for the local authority, as it goes a long way to fulfilling the govt’s demanded housing figures for the District in one fell swoop.

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  1. When I see all the new houses being built, and occupied as soon as they are ready , I wonder “where did these families live before the new properties were built. Although I’m talking UK I think the same applies in many countries around the world. The population must be exploding.
    I agree about the farm land, we should be realising that we cannot continue to rely so heavily on imports.

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  2. Caroline I know what your saying and can’t really disagree with you, we have 1400 homes on one site starting to be sold now, half a mile away a quarry of 9 acres, to be worked for 11 years, then infilled. We have another five building sites being worked on within the area. But with a rising population, legal and illegal immigration, and a Government demand for that housing what’s the local authority alternative? This is a fairly rural area, there is not enough brownfield land available.

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    • Part of the problem is a Government who panders to developers. These developers buy up sites, then sit on them for years, meaning that local authorities are forced to find more and more sites to meet the ever expanding Govt. target. Developers prefer greenfield sites because they are cheaper to develop. If there are such sites around, and the local authorities refuse permission for the developers’ preferred greenfield site, then the developer goes to appeal, the Govt. Inspected generally allows, regardless of the fact that such development is contrary to many aspect of the Local Authorities agreed Development Plan.

      To add to the problem, many of these sites are flood plains. Another is that many of these sites do not have appropriate infrastructure. Roads, of course, are one thing, but medical facilities are inadequate, too. The whole planning system need a proper shake up, with primary consideration given to the needs of the population, not the wishes of developers!

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