ANDn Portugal, the coffee inflation rate – measured by the Consumer Price Index, used by Eurostat to allow comparisons between countries, was 3% in March 2024, a slowdown compared to 8.4% year-on-year.
The EU statistics service also highlights that the average coffee inflation rate in the European bloc has been slowing down since October 2022, when it reached a peak of 17.4% in the sharp acceleration that began in the same month of 2021 (2, 0%).
In 15 EU Member States, the coffee inflation rate was, in March, higher than in March, with Croatia (7.4%), Romania (6.8%) and Bulgaria (6.6%) to present the highest.
In the remaining 12 EU countries, the indicator fell, with Lithuania (-15.4%), Denmark (-7.5%), the Czech Republic (-6.5%) and Sweden (-6.0 %) registering the main year-on-year declines.
Read Also: “It’s absolute certainty.” Delta Cafés admits that coffee will increase in price
Download our free App.
Eighth consecutive year Consumer Choice for Online Press and elected product of the year 2024.
* Study by e Netsonda, Nov. and ten. 2023 product of the year – pt.com
Download our free App.
Eighth consecutive year Consumer Choice for Online Press and elected product of the year 2024.
* Study by e Netsonda, Nov. and ten. 2023 product of the year – pt.com
){kind=link}