Coffee prices in the European Union rose 16.9%

Published 2022년 10월 18일

Tridge summary

In August, the European Union (EU) witnessed significant price surges in key agricultural products. According to Eurostat, the average coffee price increased by 16.9% year-on-year, with Finland and Lithuania experiencing the most significant increases at 43.6% and 39.9%, respectively. Whole milk prices soared by 24.3%, and fresh skimmed milk by 22.2%. Notably, all EU member states, excluding Malta, saw these price hikes, with Poland experiencing the largest sugar price increase at 109.2% in August compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In August, coffee prices rose, on average, by 16.9% over the previous year. Whole milk cost 24.3% more, on average, and consumers paid 22.2% more for fresh skimmed milk, according to Eurostat. Data show that prices rose in all EU member states, with the exception of Malta, where the price of skimmed milk remained unchanged. Finland and Lithuania recorded the biggest changes in coffee prices, with increases of 43.6% and 39.9%, ...

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