The price of cocoa in the EU moderates its growth

게시됨 2024년 7월 5일

Tridge 요약

In May 2024, the European Union (EU) saw a 6.3% increase in the consumer price of cocoa and chocolate powder compared to the previous year, as per Eurostat data. This inflation rate has been escalating since 2022, peaking at 18.5% in May 2023. Despite a decrease in the rate of increase, the inflation remained above 10% until February 2024. In May 2024, most EU countries experienced an increase in the inflation rate, with Estonia, Croatia, and Austria recording the highest increases, while Slovakia and Cyprus saw a decrease.
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원본 콘텐츠

In May 2024, the consumer price of cocoa and chocolate powder in the EU has slowed its growth and is 6.3% higher than in May 2023, according to Eurostat data. The consumer price of cocoa and chocolate powder, which had already been increasing since the beginning of 2022, experienced a significant acceleration in the last quarter of 2022, with annual inflation rates above 10%. The increase peaked in May 2023, with an inflation rate of 18.5% compared to May 2022. While prices have been rising at a slower pace since then, the inflation rate did not drop below 10% until February 2024. In May 2024, most EU countries recorded an increase in the annual inflation rate for cocoa and chocolate powder. The largest ...

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