Portugal is 3rd country in eurozone where food prices have risen most

Portugal is the third country in the eurozone where food prices have risen the most since the start of the year. Explain reports today, since January food prices have increased by 7.6 percentage points (from 3.3% to 10.9%), a level topped only by Lithuania and Latvia. “It is the first time that price increases have moved into double figures”, according to online Dinheiro Vivo. In a report published yesterday, the ECB (European Central Bank) said inflation in food products has “increased significantly” in eurozone countries most exposed to agricultural imports from Russia, Ukraine and Belarus.