The price of bread was, in August, 18% higher than in the same month of 2021 in the European Union (EU), reports Eurostat this Monday, 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).

Eurostat highlights 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.