Eurostat notes the significant increase in the prices of food products in 2022, with sugar being one of the food products with the highest price increase. The monthly figures show a steady rise in annual rates of appreciation since August 2021, reaching 61% in February and March 2023, meaning that EU sugar prices in those two months were 61% higher on average , than in the same months of 2022. Eurostat highlights that the annual rate of change for March 2022 was almost six times lower (11%), and the difference was even more significant two years ago, in March 2021 ., when the rate was 1.6%.
Eurostat notes the significant increase in food prices in 2022, with sugar being one of the food products with the highest price increase. The monthly figures show a steady increase in the annual rate of price appreciation since August 2021, reaching 61% in February and March 2023, meaning that EU sugar prices in those two months were on average 61% higher , than in the same months of 2022. Eurostat highlights that the annual rate of change for March 2022 was almost six times lower (11%), and the difference was even more significant two years ago, in March 2021, when the rate was 1.6 %. The largest increase in sugar prices of 98% was recorded in the Czech Republic In March 2023, the largest increase in annual sugar price inflation was ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.