Home / Agricultural Economy / Extension - Information / COFFEE PRICES UP IN EU!

COFFEE PRICES UP IN EU!

Coffee prices in the EU were up 16.9% year-on-year in August, according to the latest figures from the bloc’s statistical office.

The soaring cost has made “this morning staple almost a luxury,” Eurostat said in a report released on Thursday.

The price of fresh whole milk was also on average 24.3% higher, while that of fresh low-fat milk increased by 22.2%.

Sugar prices were up 33.4% on annual basis in August, making a single cup of coffee all the more expensive.

Finland saw the highest annual jump of 43.6% in coffee prices, while Hungary posted a 51.7% increase in prices for whole-fat milk, according to Eurostat data.

The highest annual inflation in sugar prices – 109.2% – was recorded in Poland.

By Gökhan Ergöçün,

www.aa.com.tr

About İsmail Uğural

Check Also

China’s agricultural drone fleet exceeds 300,000 units, ranking first in the world…

November, 2026… China operates the world’s largest fleet of agricultural drones, with more than 300,000 …

Leave a Reply

Your email address will not be published. Required fields are marked *