EU food: Price of basic foodstuffs up by nearly 50% since January 2021
Bizarrely, this was not “caused by Brexit”
Montage © Facts4EU.Org 2023
Brexit Facts4EU looks at the latest food price rises announced by the EU last week
On Thursday the EU Commission released a report on the increase in price of four basic food items in the EU. Our summary below reveals how basic prices affecting EU27 consumers are just as bad in the EU as in the UK.
Olive oil, potatoes, eggs and butter are just as much staple foodstuffs in the EU as they are in the UK. We present the latest figures form the EU Commission on Thursday about the price rises in these four items since Jan 2021.
Brexit Facts4EU.Org Summary
Price rises of four basic food items in the EU
Jan 2021 to Sept 2023
- Olive oil : +75.3%
- Potatoes : +53.1%
- Eggs : +37.3%
- Butter : +26.7%
[Source : EU Commission, 02 Nov 2023.]
© Brexit Facts4EU.Org 2023 - click to enlarge
The EU Commission’s report
The EU’s report relates to olive oil, potatoes, eggs, and butter. Here is what they said :-
“After substantial increases in 2022, food prices in the EU continued to rise also in 2023.”
“In September 2023, the price of olive oil was 75% higher than in January 2021. In January 2022, prices were already 11% higher than the same month of the year before, and between September 2022 and September 2023, prices registered a sharp increase.
“Potato prices were also on a staggering rise. Since January 2021, prices for potatoes increased by 53% in September 2023.”
“As for the prices of eggs, in September 2023, they were 37% higher than in January 2021.”
“In September, butter was 27% more expensive than in January 2021.”
- EU Commission, 02 Nov 2023
What is shown above is indexed by the EU to Jan 2021. These are 'real' price increases.
Observations
Whilst there has undoubtedly been inflation in the UK, our report above shows this is not confined to the UK. Across Europe there have been steep price increases. The latest report from the EU Commission about the rises in the prices of four staple foodstuffs proves this.
We have not been selective. We used the data released by the EU Commission. It was they who chose the four staple foodstuffs, not us. The average increase is over 48%.
Clearly this is not in any way “due to Brexit”. We wish we didn’t have to point out these things but given the ignorance and the vigorous activity of the Remainer-Rejoiner community it seems we must still do this. And if we don’t point these things out, who will?
We must get reports like this out there
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[ Sources: EU Commission ] Politicians and journalists can contact us for details, as ever.
Brexit Facts4EU.Org, Sun 05 Nov 2023
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