2024-09-07 05:50:08
Food
Economy

Rising Food Prices in Germany: Key Trends

Image used under license from Shutterstock.com

Food prices in Germany have surged, with products like quark, ketchup, and canned goods experiencing up to a 70% increase. However, citrus fruits and apples buck the trend.

Unpredictable price shifts are attributed to climate factors like droughts and heavy rainfall impacting production. Particularly notable are spikes in olive oil (+112.6%), sugar (+83.3%), and cookies (+77.4%).

Conversely, carrots (-13.8%), onions, garlic (-13.7%), and frozen fruit (-13.1%) witnessed price drops. The market's uncertain trajectory makes forecasting challenging.

gmx
7. September 2024 um 03:32

These food prices have risen the most

Economy
Environment
Food prices in Germany have risen sharply, up to 70% more for quark, ketchup, and canned goods; exceptions are citrus fruits and apples; price development is difficult to predict, as droughts and heavy rain are increasingly having an impact.
tz
7. September 2024 um 03:31

These food prices have risen the most

Economy
Environment
Olive oil (+112.6%), sugar (+83.3%) and cookies (+77.4%) are the foods with the strongest price increases since 2020. Causes are crop failures, supply concerns and rising raw material costs.
CW

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