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bakery products soar in Germany amid war in Ukraine

Following the rise in oil prices in Germany as a result of the Ukraine-Russia conflict, bread prices rose as well. The consequences of the Ukraine-Russia conflict are still being felt in Germany. While many bakeries in Germany raised their…

sugar influx at russian markets amid sanctions

Western countries' sanctions against Russia as a result of its attacks on Ukraine have caused widespread panic in the country. Due to the prohibition on the import and export of food products, as well as issues with the shipment of some…

cooking oil shortage in germany

Germany faces cooking oil shortage that cannot be supplied from Ukraine. Ukraine, which is an important producer of corn, boll seed and sunflower, exports these products to Europe, especially Germany. While Germany produces only 6 percent…

fuel prices soars in UK amid high inflation

The liter price of gasoline in England has exceeded £1,48 to £1,51 and the price of diesel rose to £1,54, reaching an all-time high, British Automobile Association stated. Simon Williams, the spokesman of a British car insurance company…

UK inflation hits highest rate after a decade

The inflation in the UK rose by 4.2% in 2021, The UK's Office for National Statistics (ONS) announced. The highest increase in prices is seen in energy resources such as electricity, gas and fuel, and according to experts, the inflation is…

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