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Inflation in Food Prices Likely to Continue into 2025

The average prices for affordable food have been steadily increasing since 2021, and the situation is not expected to ease by 2025.

Since the start of the inflation wave in September 2021, the prices for affordable food have increased by an average of around 53 percent. A shopping basket that cost 51 euros back then is now charged at almost 78 euros, according to the Chamber of Labour.

"Cheap" Food Has Become 53 Percent More Expensive Since 2021

Of the 40 cheapest food and cleaning products checked, only liquid detergent and cucumbers became cheaper. Thus, flour and coffee have become 88 percent more expensive since mid-2021, Penne pasta even by 97 percent. However, orange juice took the top spot, with a price increase of 162 percent.

The increase for tea butter was 85 percent. Pureed tomatoes increased by 87 percent, whole milk by 23 percent, and eggs by 38 percent.

Food Prices Will Continue to Rise

"It remains costly: Even in the annual comparison from December 2023 to December 2024, the prices for the 40 cheapest food and some cleaning products increased on average across all surveyed stores by six percent. Supermarkets charge an average of 10.2 percent more than discounters", is the conclusion of the Chamber of Labour.

(APA/Red)

This article has been automatically translated, read the original article here.

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