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4/14/2022

Topic Reading-Vol.3655-4/14/2022

Dear MEL Topic Readers,

Why France's daily baguette is costing so much dough

As Russia’s invasion of Ukraine hasn’t shown a sign of settlement, more lives of Ukrainians are being lost. In the meantime, since both Ukraine and Russia are major producers and exporters of wheat and corn, imports of those agricultural products are declining in European countries, as well as gas and oil from Russia. As a result, the prices of those essential food products and energy are rising skyrocketing. For example, bread is made of wheat and baked with a gas or electronic oven. Imagine the cost of wheat and energy bills have risen multiple times and are rising even higher. Also, the labor costs are soaring as the cost-of-living increases. If you run a bakery, you are left with no choice but to raise the prices. But you’re selling baguettes and croissants, which are essential food in France, and your customers are also your neighbors. There is only so much you can do to keep baking bread.

Read the article and learn about some of the impacts caused by the Russian invasion.

https://www.bbc.com/news/business-61015290

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