According to weekly monitoring data conducted by Deco/Proteste, a food basket consisting of 63 essential items, including meat, fish, dairy products, vegetables and fruit, today costs about 12 euros more than a year ago.
The price of a basket of 63 food products, determined last week, was €227.09, compared to €215.24 for the same period in 2023, an increase of 5.5%. Compared with two years earlier, the increase was around €22, more than 10%.
However, last week there was a slight decrease in the basket by 97 cents compared to the previous monitoring. The problem is that the payment also needs to take into account the accumulated values of various price increases over the past two years, especially after Russia’s invasion of Ukraine.
In the wake of the Covid-19 pandemic, the war has further exacerbated disruptions in international markets, causing food and energy prices to rise sharply, with negative impacts on family budgets.
Compared with prices at the end of July 2023, the five food products in the Deco basket have increased in price the most over the past week: extra virgin olive oil (43%), deep-frozen peas (28%), fresh hake (22%), black trout (20%) and canned sliced tuna (17%).
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BOTTOM CART PRICE
It is important to note, as Deco/Proteste points out, that the price of a basket of basic foodstuffs has been trending downwards for several weeks. On January 3, it cost 236.04 euros, and on July 24, it had already fallen to 227.09. THERE IS AN INCREASE OF 8% AND 7%
Although the prices of the food basket are falling, there are a few products whose prices continue to rise each week. From July 17 to 24, onions increased by 8%, while hake medallions and tomatoes increased by 7%.
BOTTOM CART PRICE
It is important to note, as Deco/Proteste points out, that the price of a basket of basic foodstuffs has been trending downwards for several weeks. On January 3, it cost 236.04 euros, and on July 24, it had already fallen to 227.09. THERE IS AN INCREASE OF 8% AND 7%
Although the prices of the food basket are falling, there are a few products whose prices continue to rise each week. From July 17 to 24, onions increased by 8%, while hake medallions and tomatoes increased by 7%.
Author: Joao Maltes
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.