Recent price increases may make this daily staple nearly a luxury," Eurostat warned, revealing that coffee costs increased 16.9% year on year in August. According to Eurostat, fresh whole milk now costs 24.3% more on average, while fresh low-fat milk costs 22.2% more.
According to Eurostat, fresh whole milk now costs 24.3% more on average, while fresh low-fat milk costs 22.2% more. Sugar received the greatest rise, with an average price increase of 33.4%. Prices for these four goods have risen in all EU member nations except Malta, where the price of fresh low-fat milk remained steady. Coffee costs in Finland and Lithuania increased the most, by 43.6% and 39.9%, respectively, followed by Sweden and Estonia. Sugar prices in Poland increased the most, by 109.2% from August 2021.
Consumer price inflation in the eurozone (the 19 nations that use the euro) reached 9.1% in August, fueled by rising energy and food prices. According to Eurostat's flash estimate, it reached a new high of 10% in September.