Divergent Food Price Trends Reported Across Europe
Recent reports indicate varied food price trends across Europe, with prices continuing to rise in Georgia and the UK, while Sweden experiences a continued decrease. These shifts reflect differing economic conditions and policy impacts.
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UK food prices on track to rise by 50% since start of cost of living crisis
Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggests Food prices are on track to be 50% higher in November than at the start of the cost of living crisis in 2021, new research suggests. Climate and energy shocks have driven an almost quadrupling of the pace of food price growth, according to new research from the thinktank Energy and Climate Intelligence Unit (ECIU), with costs rising in five years at about the same rate as they had over t...
By Simon Goodley
Read full article →Food prices in Georgia continue to rise as Georgian Dream calls for ‘structural reforms’
Inflation in the food sector stood at 7.5% in April.
By Helena Bedwell
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