Europe: Meat prices in Ireland increased by 1.8% over 12-month period

Published 2024년 4월 7일

Tridge summary

In February 2024, Ireland experienced a modest 1.8% increase in meat prices year-on-year, a figure that stands in contrast to the broader EU trend where countries like Bulgaria, Romania, and Croatia faced the highest price surges. In contrast, Czechia, Finland, and Denmark saw their meat prices drop. The EU as a whole saw a 3.3% increase in meat prices, with pork leading the rise. This period of inflation follows a year (April 2022 to March 2023) of significantly higher annual inflation rates for meat, peaking in February 2023. Despite a slight expected decrease in EU beef production in 2024, France is projected to remain its largest beef producer, highlighting varied trends in meat price inflation and production across the EU.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ireland reported a 1.8% increase in prices for meat in February 2024, compared with the same month last year, Eurostat has revealed. In February 2024, most European Union (EU) countries reported an increase in prices for meat, compared with February 2023. The highest increase was recorded in Bulgaria (8.2%), followed by Romania (7.7%) and Croatia (7.1%). However, prices in Ireland increased by 1.8%, while in contrast, three countries recorded a decrease in the prices for meat: Czechia (-5.1%), Finland (-2.2%) and Denmark (-0.6%). In February 2024, the price of meat in the EU was 3.3% higher than in February 2023. Pork meat recorded the highest increase at 5.7%, ahead of lamb and goat (+4.5%) and beef and veal (+3%). Poultry, in contrast, registered a decrease of 1.6% compared with February 2023. Over the past three years, the annual inflation rates for meat were the highest between April 2022 and March 2023, with annual rates of change above 10%. The highest rate was registered in ...

Source: AgriLand