Energy Storm, Food Tsunami? Not yet, Says ECB
5 Articles
5 Articles
Today's first Eurostat estimates will confirm the trend of recent months: inflation is rising under the pressure of energy costs, but food price increases are marginal. After the shock of the outbreak of war in the Middle East, food inflation in Europe has been steadily below 2%. In September, it stood at 1.3% and if it were not for the increases in fruit and vegetables - mainly due to weather conditions - the increases in food items would hav…
The wave of food price increases is not as intense as in 2022, ECB economists reassure us. Does this mean that we escaped it cheaply or that the worst is yet to come? What do analysts predict? The post Energy storm, food tsunami? Not yet, says ECB appeared first on in.gr.
The resumption of food price increases is announced by a post by experts from the European Central Bank. However, there is a corresponding concern about the spread of the inflation crisis in Athens, with the price lists of the co-responsible ministries of National Economy and Finance and Development already showing the first price increases in fresh vegetables. The situation is better for fruit, while wholesale prices for meat are moving at more…
The good news is that consumers will continue to find food and other household items at reduced prices until the end of the year. The Nos.
An analysis published on 2 November by economists of the European Central Bank follows the prices displayed daily by online supermarkets. After a break in the spring of 2026, the frequency of food increases stabilized, far from the spread observed during the shock of 2022.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
