How costly is your cup of espresso? – Merchandise Eurostat Information

Kicking off the day with a mug of scorching espresso is a each day routine for a lot of. Nevertheless, latest price rises would possibly make this morning staple nearly a luxurious. Knowledge for August 2022 present that the value of espresso within the EU was on common 16.9% greater than in August 2021, whereas in August 2021, the value of espresso was on common 0.5% greater than in August 2020. Since October 2021, annual inflation has been on the rise. 

For customers that drink their espresso with milk and/or sugar, this morning ritual may be much more costly for the reason that costs of these objects elevated much more over the past yr. The value of contemporary entire milk elevated on common 24.3% between August 2021 and August 2022, whereas that for contemporary low-fat milk elevated by 22.2% in the identical interval. 

In August 2022, annual inflation for sugar was at +33.4%, from +0.8% in August 2021. 
 

Supply dataset: prc_hicp_manr

Sugar up 109.2% for Poland in August 2022

Knowledge present that every one 4 objects registered a rise in costs in all EU Member States, aside from Malta, which reported no change within the value of contemporary low-fat milk.

When inspecting the very best will increase in annual inflation for every product, Lithuania and Estonia characteristic in three of the 4 merchandise: espresso and contemporary low-fat milk for each, contemporary entire milk (+45.8%) for Lithuania and sugar (+81.2%) for Estonia. 

The most important annual inflation in August 2022 was reported for sugar, with notable rises in Poland, up 109.2%, adopted by Estonia (+81.2%), Latvia (+58.3%), Bulgaria (+44.9%) and Cyprus (+43.2%).
On the subject of espresso, Finland registered the very best annual inflation at +43.6% in August 2022, adopted by Lithuania (+39.9%), Sweden (+36.7%), Estonia (+36.4%) and Hungary (+34.3%). 

Followers of milk in Hungary, Lithuania and Croatia noticed substantial rises in costs in each entire fats milk and low fats. The best annual will increase in costs for entire fats milk among the many EU Member States in August 2022 have been logged in Hungary (+51.7%), Lithuania (+46.8%), Croatia (+43.5%), Czechia (+43.3%) and Latvia (+40.1%), and for low-fat milk in Lithuania (+50.2%), Croatia (+41.2%), Estonia (+38.9%), Germany (+30.6%) and Hungary (+30.1%).

 

Supply dataset: prc_hicp_manr

 

For extra data:

 

Methodological notes:

 

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