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Cost of food in European Union increased 3.60 percent in June of 2025 over the same month in the previous year. This dataset provides - European Union Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The average for 2021 based on 41 countries was 113.932 index points. The highest value was in Switzerland: 199.2 index points and the lowest value was in Belarus: 59.01 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
Online inflation of food products followed the trend of physical stores and showed a significant peak in 2021. In Europe, online food prices went up by **** percent that year, before decreasing to a **** year-over-year percentage change in 2023. By 2025, online prices of food products might increase by *** percent in the European region.
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The average for 2021 based on 27 countries was 119.106 index points. The highest value was in Luxembourg: 150.46 index points and the lowest value was in Romania: 81.63 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.
The inflation rate for food and non-alcoholic beverages in the European Union reached a peak of **** percent in November 2022, after which it has fallen significantly to *** percent in January 2025.
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Graph and download economic data for Harmonized Index of Consumer Prices: Food Products N.e.c. for Euro Area (19 Countries) (CP0119EZ19M086NEST) from Dec 1999 to Jun 2025 about harmonized, Euro Area, Europe, food, CPI, price index, indexes, and price.
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This dataset provides values for FOOD INFLATION reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
This statistic shows food prices in France, Germany and Ireland compared to the United Kingdom (UK) in 2016, by food and beverage type. Almost all food prices in each of the three European countries were comparatively higher than in the UK. Germany had the biggest difference with the price of alcoholic beverages costing 56.6 percent less on average.
When surveyed in April 2024, the most popular way to tackle rising food prices among respondents in selected European countries, aside from the Netherlands, was to *************************. Purchasing *******************, otherwise known as private label brands, narrowly surpassed reducing waste amongst Dutch consumers. Portuguese respondents were the most likely to try out any of the *******************.
In December 2024, the inflation rate for food in the European Union (EU) reached 2.4 percent compared to the same month the year prior. Starting in the beginning of 2022, food prices started to rise rapidly. In March 2023, the food inflation rate in the EU reached its peak at 19.19 percent. Since April 2023, the rate started to decrease. Food inflation in Europe One of the main drivers of the increase in consumer prices was the rapid rise in energy prices. In the energy sector, the harmonized index of consumer prices inflation of the EU, a concept to measure and compare inflation internationally, was at 41.1 percent in June 2022, whereas the other categories were all below 10 percent. In Germany, the year-on-year consumer price index development for food and beverages was at 12.33 percent in the year 2023, just a slight dip from the all-time high of 12.51 percent in 2022. By 2024, this had dropped to 1.92 percent. There are a number of ways in which European consumers are trying to save on food costs due to rising prices. The most popular way to deal with the rising food prices is to reduce at-home food waste. An average of about half of consumers in selected European countries stated that this is how they responded to the price increases. Other popular ways were to buy only the essentials or to purchase mostly store brands. Food inflation worldwide In 2022, Europe and Central Asia were the regions with the highest food inflation rates worldwide. The rate of food inflation in those regions was about 18 percent in 2022, which is more than twice as high as it was in the previous year. In Latin America and the Caribbean, the food inflation rate rose from 5.4 to 11.9 percent during the same period. When categorized by income classification, low-income countries have significantly higher food price inflation, as compared to lower-middle-, upper-middle-, and high-income countries. On average, low-income countries had a food price inflation rate of about 30 percent in 2023. The world average rate was at 6.5 percent. Zimbabwe was the country with the highest level of real food inflation worldwide. The southern African country experienced a food inflation of approximately 46 percent in 2024. This was more than two times as high as in any other country in the world.
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Graph and download economic data for Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023) (FOOD00EZCCM086NEST) from Jan 1996 to Jun 2025 about tobacco, alcohol, harmonized, Euro Area, Europe, food, CPI, price index, indexes, and price.
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European Union - Producer prices in industry: Manufacture of other food products was 142.00 points in May of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Manufacture of other food products - last updated from the EUROSTAT on July of 2025. Historically, European Union - Producer prices in industry: Manufacture of other food products reached a record high of 142.00 points in May of 2025 and a record low of 81.70 points in January of 2005.
When surveyed in 2023, some 92 percent of survey respondents in Portugal stated that the importance of food prices had increased over the past 12 months. This is a five percent increase compared to the previous year's survey. The share of respondents who said that the cost of food had increased in importance decreased in only Spain and Poland.
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Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food and Non-Energy for the OECD Europe (DISCONTINUED) (CPGRLE01OEM661N) from Jan 1970 to Oct 2017 about OECD Europe, core, Europe, all items, CPI, inflation, price index, indexes, and price.
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Graph and download economic data for Harmonized Index of Consumer Prices: Energy and Seasonal Food for Euro Area (19 Countries) (ENRGYSEZ19M086NEST) from Dec 1999 to Jun 2025 about harmonized, energy, Euro Area, Europe, food, CPI, price index, indexes, and price.
The FAO Food Price Index (FFPI) averaged 124.9 points in January 2025, down 2.1 points from December 2024. The highest value for the index in the past 23 years was reached in March 2022. However, the rate of food price increases has been decreasing since.
Food prices worldwide The annual FAO Food Price Index (FFPI) by category shows that the price of vegetable oils grew by a particularly large margin. One of the factors that influenced the spike in oil prices worldwide during 2020 and 2021 were the supply-chain disruptions during the COVID-19 pandemic. Moreover, after the war in Ukraine, shipping costs and grain prices also had a noticeable impact on global food prices. Global food prices are calculated to have increased by 3.68 percent, due to changes in shipping costs and grain prices. The European Union (EU) has experienced a particularly high increase in the annual consumer prices for food and non-alcoholic beverages, as compared to other selected countries worldwide. Inflation in Europe
The inflation rate for food in the EU grew from 0.2 percent in May 2021 to 19.2 percent in March 2023, as compared to the same month in the previous year. In the following months, the food inflation started decreasing again, reaching 1.86 percent in April 2024. The overall inflation rate in the Euro area reached its peak in December 2022 at 9.2 percent. The rate has since fallen to 2.4 percent in December 2024. As measured by the Harmonized Index of Consumer Prices (HICP), inflation rates in Europe were highest in Turkey, North Macedonia, and Romania as of December 2024.
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Key information about European Union CPI: Food and Non Alcoholic Beverage Change
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European Union - Harmonised index of consumer prices (HICP): Food products n.e.c. was 139.91 points in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Harmonised index of consumer prices (HICP): Food products n.e.c. - last updated from the EUROSTAT on July of 2025. Historically, European Union - Harmonised index of consumer prices (HICP): Food products n.e.c. reached a record high of 139.91 points in June of 2025 and a record low of 78.82 points in December of 2000.
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Graph and download economic data for Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) (CPGDFD02OEM659N) from Jan 1971 to Oct 2017 about OECD Europe, restaurant, Europe, food, goods, CPI, price index, indexes, and price.
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The Food and Beverage Wholesaling revenue is forecast to drop at a compound annual rate of 4.4% over the five years through 2024 to reach a valuation of €1,691.0 billion, including an estimated dip of 3.8%, in 2024, while the average industry profit margin is expected to reach 4.8%. The COVID-19 pandemic has drastically affected Europe's food and beverage wholesaling industry. There's been a surge in grocery store sales due to a shift towards home cooking but a dip in catering service demand, resulting in higher food prices. Consumers have changed from buying in bulk to smaller packaged items, leading to increased production costs and squeezing wholesaler profit. The European Commission reported a severe 42% drop in the accommodation and food service sector's value in 2020 compared to 2019.
Wholesalers are enhancing their e-commerce operations to adapt to rising online shopping trends, particularly in the Netherlands, Denmark and Ireland. This is necessary to meet the fast delivery demands of online consumers, requiring better logistics and warehousing plans. Meanwhile, wholesalers in Belgium and Hungary face profitability challenges because of skyrocketing inflation, largely caused by the Russia-Ukraine conflict and supply chain disruptions.
The Food and Beverage Wholesaling revenue is forecast to grow at a compound annual rate of 2.2% over the five years through 2029 to reach a valuation of €1,888.4 billion. Wholesalers face potential threats as retailers and manufacturers aim to cut costs by bypassing them. Major UK supermarkets (like Morrisons and Asda) are sourcing locally, bypassing wholesalers. EIT Food, a food innovation community, draws attention to the increasing consumer demand for meat substitute food products across Europe due to rising health awareness. Over 60% of consumers in France, Spain, Germany and Italy actively seek alternatives to traditional animal farming. Therefore, wholesalers must improve their services and offer more value to maintain relevance.
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Cost of food in European Union increased 3.60 percent in June of 2025 over the same month in the previous year. This dataset provides - European Union Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.