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Graph and download economic data for Harmonized Index of Consumer Prices: Food for Euro Area (19 Countries) (CP0110EZ19M086NEST) from Dec 1999 to Jun 2025 about harmonized, 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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Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food and Non-Energy for the OECD Europe (DISCONTINUED) (CPGRLE01OEM657N) from Feb 1970 to Oct 2017 about OECD Europe, core, Europe, all items, CPI, inflation, price index, indexes, and price.
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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.
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 Producer Prices Index: Economic activities: Manufacture of food products: Total for the European Union (EU28PIEAFD01GPQ) from Q2 2000 to Q2 2020 about EU, Europe, production, manufacturing, PPI, price index, indexes, and price.
The Consumer Price Index (CPI) measures the change in price of goods and services within a country. In Italy, the price index for non-food and non-energy consumer goods reached about 114 in 2024, which is an increase of about three points compared to the previous year. Most countries in Europe saw inflation rates increase considerably after the coronavirus pandemic and amid the Russia-Ukraine war.
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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.
The consumer price index (CPI) is the instrument measuring inflation. It is used to estimate, between two given periods, the average variation in the prices of products consumed by households.This graph depicts the Consumer Price Index (CPI) of food and drink services in France between May 2020 and December 2024. In December 2024, the CPI reached ******.
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OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) was 1.16300 Index 2010=1.00 in September of 2017, according to the United States Federal Reserve. Historically, OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) reached a record high of 1.16500 in February of 2017 and a record low of 0.06400 in February of 1970. Trading Economics provides the current actual value, an historical data chart and related indicators for OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.
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OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) was 0.70000 Growth Rate Previous Period in October of 2017, according to the United States Federal Reserve. Historically, OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) reached a record high of 2.20000 in January of 1980 and a record low of -0.80000 in July of 1992. Trading Economics provides the current actual value, an historical data chart and related indicators for OECD - Europe - Consumer Price Index: Total Food Excluding Restaurants for the OECD Europe (DISCONTINUED) - last updated from the United States Federal Reserve on July of 2025.
In Germany, the consumer price index (CPI) for non-food and non-energy consumer goods grew from about 118.78 in 2023 to 122.04 in 2024. In other words, prices for non-food and non-energy products grew by nearly three percent in 2042 compared to the previous year. Most countries in Europe saw inflation rates increase considerably after the coronavirus pandemic and amid the Russia-Ukraine war.
This statistic shows the consumer price index (CPI) of food in Denmark monthly from June 2021 to November 2024. In November 2024, the CPI of food in Denmark was measured at 134.3, where the year 2015 equals 100.
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Graph and download economic data for Consumer Price Index: Harmonized Prices: Total Food for the European Union (DISCONTINUED) (CPHPFD01EUQ661N) from Q1 1996 to Q1 2013 about EU, harmonized, Europe, food, CPI, price index, indexes, and price.
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Key information about European Union CPI: Food and Non Alcoholic Beverage Change
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Food Price Index in World increased to 128 Index Points in June from 127.30 Index Points in May of 2025. This dataset includes a chart with historical data for World Food Price Index.
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Graph and download economic data for Consumer Price Index: Harmonized Prices: Total Food for the Euro Area (DISCONTINUED) (CPHPFD01EZA661N) from 1996 to 2013 about harmonized, Euro Area, Europe, food, CPI, price index, indexes, and price.
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European Union - Producer prices in industry: Manufacture of food products and beverages was 136.70 points in December of 2023, 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 food products and beverages - last updated from the EUROSTAT on July of 2025. Historically, European Union - Producer prices in industry: Manufacture of food products and beverages reached a record high of 138.90 points in April of 2023 and a record low of 74.70 points in January of 2000.
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United States - Consumer Price Index: OECD Groups: All items non-food non-energy: Total for OECD - Europe was 6.95696 Growth rate same period previous Yr. in March of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index: OECD Groups: All items non-food non-energy: Total for OECD - Europe reached a record high of 17.66811 in April of 1980 and a record low of 1.28177 in March of 2015. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index: OECD Groups: All items non-food non-energy: Total for OECD - Europe - last updated from the United States Federal Reserve on July of 2025.
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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 Harmonized Index of Consumer Prices: Food for Euro Area (19 Countries) (CP0110EZ19M086NEST) from Dec 1999 to Jun 2025 about harmonized, Euro Area, Europe, food, CPI, price index, indexes, and price.