Prices of fish and seafood rise while meat prices are stable in Spain

Published Dec 1, 2021

Tridge summary

The article highlights a significant increase in the prices of fish and shellfish in Spanish markets, with some products rising by as much as six euros per kilo in just one week. Despite this, prices of sirloin and suckling lamb have remained stable. The rising prices are attributed to a record high Consumer Price Index (CPI) of 5.6% in November, the highest in 29 years, driven by increases in fuel and food costs. Meanwhile, meat prices, including beef and lamb, have seen an average increase of three euros per kilo compared to last year. The economic uncertainty caused by the ongoing crisis is impacting customer purchasing behaviors, with some delaying their Christmas orders.

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

Original content

With 24 days until Christmas Eve dinner, in this second COPE Report on the evolution of prices, we found that sirloin and suckling lamb, two of the most common products on these dates, have not changed compared to a week ago. What has started to skyrocket is the price of fish and shellfish. Everything is more expensive today than a year ago. On November 24, a month after the celebration of Christmas Eve, COPE went out to the Spanish markets to check how the shopping basket of the most common foods was on our tables. It already did so with one piece of information: that the CPI for October reached 5.4%, its highest price in the last 29 years. Indicator triggered by increased energy. Fuels and electricity that were also transferred to the entire agri-food chain. How are the prices a week later? Are they maintained or have they uploaded something? The leading indicator of the CPI for the month of November that we met this Monday already gave us a glimpse of what joys we were not ...

Source: Cope