News Sport
Inflación de alimentos en Europa infographic
Graphic shows Europe’s highest food prices.
GN44313ES
EN NL AR DE ES PT

ECONOMÍA

Inflación de alimentos en Europa

By Duncan Mil

May 22, 2023 - El costo de los alimentos en Europa ha seguido disparándose, en el año transcurrido hasta abril aumentaron 16,6% – a pesar de la caída de losprecios de la energía – muy por arriba de la tasa de inflación general de 8,1%.

On global markets, the cost of grains, vegetable oil, dairy and other staple foods has fallen steadily from record highs. But the price-easing hasn’t reached retailers, supermarkets and families facing a cost of living crisis.

Central and eastern European states are the hardest hit by rising prices. Hungary and Croatia have moved to cap the cost of essentials to shield the most vulnerable, who tend to spend more of their income on food.

“We haven’t had price controls in a general pattern in the western world since the 1970s,” Lars Jonung, a Swedish economist and expert on price controls, told the Financial Times.

In Hungary, supermarkets had started limiting purchases, forcing shoppers to visit multiple stores or shop daily. In Greece, the government capped retailers’ profit margins on food sales to restrict prices.

France has negotiated a deal with supermarkets to offer a selection of items at the lowest possible price, while Spain is one of several countries to have cut value-added tax on food.

Food prices in Britain rose by 15.7% in April after a 15% rise in the year to March. Retailers deny that they are price gouging and have to take a loss on capped goods.

Sources
PUBLISHED: 22/05/2023; STORY: Graphic News
Advertisement