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The price of bread rose by almost a fifth in the European Union in August as Russia’s invasion of Ukraine, both major exporters of grains and fertilisers, continued to disrupt global markets and headline inflation accelerated.

IBAKTECH, the 13th International Trade Fair for Bakery, Patisserie Machinery, Ice Cream, Chocolate, and Technologies hosted its visitors at Istanbul Expo Center between 10-13 March. Organized by Messe Stuttgart Ares, the trade fair hosted the grand union long-awaited by all industry representatives after a 4-year break due to the pandemic.

The increase in bread prices led people to consume the public bread more. Bread production in Istanbul Metropolitan Municipality Public Bread Factories has increased by 24 percent in the last year.