The year 2022 has seen food inflation rise substantially. This was mostly the result of the Russian invasion of Ukraine with the resulting price spikes for energy and fertilisers and the reduction in grain exports from Ukraine. But to make things worse, the sweltering and dry summer put pressure on European food producers.
From drought to food inflation
From drought to food inflation
From drought to food inflation
The year 2022 has seen food inflation rise substantially. This was mostly the result of the Russian invasion of Ukraine with the resulting price spikes for energy and fertilisers and the reduction in grain exports from Ukraine. But to make things worse, the sweltering and dry summer put pressure on European food producers.