Russian-Ukraine conflict affected grain export, bread price rises

In the European Union, the price of bread rose by almost a fifth in August as grain export disrupt due to Russia-Ukraine conflict. According to media reports, global wheat prices have surged since February, after the conflict halted grain exports from the Black Sea for months. It also restricted fertilizer shipments as Russian producers lost access to Baltic Sea ports, which they had used to ship ammonia, a key ingredient in nitrate fertilizer. The European Union's statistics office, Eu...