EU Records Double-Digit Rise In Staple Food Prices - Statistics
Umer Jamshaid Published January 25, 2023 | 11:30 PM
The European Union saw the price of bread and cereals spike by a fifth year-on-year in December, with the price of milk, cheese and eggs going up by more than a quarter, official figures show
MOSCOW (UrduPoint News / Sputnik - 25th January, 2023) The European Union saw the price of bread and cereals spike by a fifth year-on-year in December, with the price of milk, cheese and eggs going up by more than a quarter, official figures show.
The Eurostat's food price index put the average annual change in consumer prices of the EU's food basket at 18.2%, with fats and oils seeing the highest increase at 32.4%.
The price of milk, cheese and eggs was up by 27.8%, of bread and cereals by 19.8%, meat by 17%, sugar and confectionery by 15.7%, vegetables by 15%, fish and seafood by 13.3%, and fruit by 8.1%, the statistics service said.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
6 hours ago -
US stocks rebound on tech earnings, London hits new record
6 hours ago -
US approves gene therapy treatment for hemophilia
6 hours ago -
KATI president for inclusion of agri sector in tax net
6 hours ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
8 hours ago -
Police to take every step for security of business community: IGP
8 hours ago
-
WB director, Planning minister discuss reforms in development projects
8 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
9 hours ago -
FBR’s data protection efforts commended by OECD assessment team
9 hours ago -
US stocks rebound on tech earnings, London hits new record
10 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
10 hours ago -
SBP to announce monetary policy on April 29
10 hours ago