CZECHIA FOOD PRICES SPIKING OUT OF CONTROL – The conditions in the central European nation of Czechia have gotten existential as food prices across the country are spiking, with sugar prices doubling and other food prices rising by more than 50 percent. The rise in sugar price is the highest in Europe. The rise in vegetable oil price is the second largest, while the rise in butter, milk, and bread is the third largest. The rise in food prices is blamed on both dramatic energy cost increases and inflation in Germany.
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