Tridge summary
The average price of agricultural products rose by 2.6% in the EU in the first quarter of the year, for the second consecutive quarter, according to data published by Eurostat.
Prices of milk (+12.6%), eggs (+10.7%), and cereals (+9.6%) showed the highest increases compared to the first quarter of 2024. In contrast, olive oil (-43.5%), potatoes (-13.4%), and pork meat (-11.2%) fell significantly.
By country, the largest increases were recorded in Ireland (+19.3%), Luxembourg (+15.6%), and Hungary (+14.6%), while decreases were observed in Spain (-9.7%), Greece (-7.1%), Portugal (-2.8%), and Malta (-2%).
Regarding production costs, the average price of goods and services used in agriculture and not related to investment (energy, fertilizers, feed...) rose slightly (+0.2%), although Eurostat highlights that this is the first increase in the average price of agricultural inputs since the first quarter of 2023.
Prices of milk (+12.6%), eggs (+10.7%), and cereals (+9.6%) showed the highest increases compared to the first quarter of 2024. In contrast, olive oil (-43.5%), potatoes (-13.4%), and pork meat (-11.2%) fell significantly.
By country, the largest increases were recorded in Ireland (+19.3%), Luxembourg (+15.6%), and Hungary (+14.6%), while decreases were observed in Spain (-9.7%), Greece (-7.1%), Portugal (-2.8%), and Malta (-2%).
Regarding production costs, the average price of goods and services used in agriculture and not related to investment (energy, fertilizers, feed...) rose slightly (+0.2%), although Eurostat highlights that this is the first increase in the average price of agricultural inputs since the first quarter of 2023.
Original content
The average price of agricultural products rose 2.6% in the EU in the first quarter of the year, for the second consecutive quarter, according to data published by Eurostat. Prices for milk (+12.6%), eggs (+10.7%), and cereals (+9.6%) showed the highest increases compared to the first quarter of 2024. In contrast, olive oil (-43.5%), potatoes (-13.4%), and pork meat (-11.2%) fell significantly. By country, the largest increases were recorded in Ireland (+19.3%), Luxembourg (+15.6%), and Hungary (+14.6%), while decreases were observed in Spain (-9.7%), Greece (-7.1%), Portugal (-2.8%), and Malta (-2%). Regarding production costs, the average price of goods and services used in agriculture and not related to investment (energy, fertilizers, feed...) ...
Source: Agropopular
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