This is a worldwide phenomenon; it was because world producers were not able to increase supply to match the increase in demand that world commodity prices increased in the first place. A couple of port bottlenecks in Australia also limited our supply response, but they are not the main part of the story.
The consultation was open to everyone, and participants contributed on their own initiative. This means that the sample of respondents is not statistically representative of the European population. Nonetheless, the breadth and depth of the responses offer valuable insights. Our report discusses the results in detail. Today I will therefore simply highlight the key findings.