EU meals costs: Olive oil up 75% since January 2021

After substantial will increase in 2022, meals costs within the EU continued to rise additionally in 2023. Knowledge for the second and third quarters of this yr present that the costs of some gadgets registered a slower enhance. In September 2023, costs of eggs, butter and potatoes within the EU are greater than in January 2021 and 2022 however are usually not as excessive as some months prior, whereas the costs of olive oil have been constantly growing. 

In September 2023, the value of olive oil was 75% greater than in January 2021. In January 2022, costs had been already 11% greater than the identical month of the yr earlier than, and between September 2022 and September 2023, costs registered a pointy enhance. 

Potato costs had been additionally on a staggering rise. Since January 2021, costs for potatoes elevated by 53% in September 2023, following a peak in June 2023 (+60%). 

As for the costs of eggs, in September 2023, they had been 37% greater than in January 2021. Egg costs stabilized within the first 2 quarters of 2023 and confirmed some lower in August and September this yr. 

Butter costs developed in the same method. Costs for butter peaked in December 2022 (+44% in contrast with January 2021) after which slowly began to say no. In September, butter was 27% costlier than in January 2021. 

Supply dataset:  particular extraction

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