Wheat prices in Turkey rose by nearly 53 percent in local currency terms over the period from February to October 2022, which was the highest growth rate among the regions presented. To compare, in the European Union (EU) on average, wheat prices increased by over 29 percent. The fact that the United States saw a less significant price surge was related to depreciation of domestic currencies of the other countries.
Wheat price growth in local currency terms worldwide from February to October 2022, by selected region
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World Bank. (November 21, 2022). Wheat price growth in local currency terms worldwide from February to October 2022, by selected region [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/
World Bank. "Wheat price growth in local currency terms worldwide from February to October 2022, by selected region." Chart. November 21, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/
World Bank. (2022). Wheat price growth in local currency terms worldwide from February to October 2022, by selected region. Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/
World Bank. "Wheat Price Growth in Local Currency Terms Worldwide from February to October 2022, by Selected Region." Statista, Statista Inc., 21 Nov 2022, https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/
World Bank, Wheat price growth in local currency terms worldwide from February to October 2022, by selected region Statista, https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/ (last visited May 19, 2024)
Wheat price growth in local currency terms worldwide from February to October 2022, by selected region [Graph], World Bank, November 21, 2022. [Online]. Available: https://www.statista.com/statistics/1351113/wheat-price-growth-by-region/