Have you heard? The prices of things like food, oil, and gas are going up in Europe! This means that it costs more for families to buy what they need.

Why is this happening? Well, there are a few reasons. One reason is that there are problems with the supply chain, which means that it’s harder to get goods to stores. Another reason is that the war in Ukraine is making things more expensive.

When prices go up, it can be tough on families. It means that they have to spend more money on things like food and transportation. This can make it harder to save money and afford other things.

What can we do about it? Well, it’s important to be careful with our money and try to save where we can. We can also support businesses that are trying to keep prices low.

Do you think it’s hard for families when prices go up?

 

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Commodity Prices Soar in Europe!

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1. What is the main idea of the news report?

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2. What can be difficult for families when prices go up?

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3. What is the purpose of the news report?

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4. What can people do to help with rising prices?

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5. Why have commodity prices gone up?

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