EU: Meat price rose 3.3% in one year

In February 2024, the price of meat in the European Union (EU) was 3.3% higher than that recorded in February 2023. Pork meat recorded an increase of 5.7%, followed by sheep and goat meat (4, 5%) and beef (3%), according to Eurostat. Poultry farming recorded a drop of 1.6% compared to February last year, according to the conclusions of the analysis. According to Eurostat data: “in the last three years, annual meat inflation rates were the highest between April 2022 and March 2023, with year-on-year rates of change exceeding 10%”. In this sense, the highest rate was recorded in February 2023, when the price was 17.3% higher than in February 2022. The year-on-year increase in beef, sheep and goat meat prices has remained below 15% in the last three years. The biggest fluctuations were recorded in the price of poultry meat, which rose 24.4% in November 2022 and pork, an increase of 18.8% in February 2023. In February this year, most European countries reported an ...