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


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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