Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar

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Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier.In Italy, the price of spaghetti and other pasta, a fixture of the Italian diet, has risen nearly 17 percent from the year before. In Germany, the European Union’s largest economy, cheese prices are nearly 40 percent higher than a year ago, and potatoes cost 14 percent more.Throughout the European Union, consumer food prices were on average nearly 17 percent higher in April than a year earlier, a slight slowdown from the previous …

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