Cost of food in European Union increased 0.20 percent in May of 2021 over the same month in the previous year. source: EUROSTAT

Food Inflation in European Union averaged 2.95 percent from 1997 until 2021, reaching an all time high of 16.10 percent in November of 1997 and a record low of -1.20 percent in June of 2014. This page provides - European Union Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Food Inflation - values, historical data and charts - was last updated on July of 2021.

Food Inflation in European Union is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in European Union to stand at 1.60 in 12 months time. In the long-term, the European Union Food Inflation is projected to trend around 2.20 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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European Union Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.10 16.10 -1.20 1997 - 2021 percent Monthly
2015=100, NSA

European Union Prices Last Previous Highest Lowest Unit
Core Consumer Prices 107.20 106.93 107.20 72.72 points [+]
Core Inflation Rate 1.30 1.20 3.00 0.60 percent [+]
Inflation Rate 2.30 2.00 4.50 -0.60 percent [+]
Inflation Rate Mom 0.30 0.60 2.50 -1.30 percent [+]
GDP Deflator 107.16 106.43 107.16 70.95 points [+]
Producer Prices 110.30 108.80 110.30 71.30 points [+]
Producer Prices Change 9.60 7.60 9.60 -7.50 percent [+]
Consumer Price Index CPI 108.38 108.08 108.38 71.60 points [+]
CPI Housing Utilities 109.01 108.55 109.01 47.81 points [+]
Cpi Transportation 110.14 109.33 110.14 59.31 points [+]
Food Inflation 0.20 0.10 16.10 -1.20 percent [+]