The price of coffee continues to rise in the European Union

The price of coffee continues to rise in the European Union
The price of coffee continues to rise in the European Union

Brussels – “Ah, what a beautiful café, even in prison” sang Fabrizio De André in the famous song Don Raffaè. But if even in prison they know how to make coffee, this is increasingly becoming a luxury. According to a report released today (10 May) by theEurostatthe Institute for European Statistics, the price of the black bean continues to rise in the European Union, even if its curve is downward. In fact, in March 2024 the cost of coffee increased by one percent on an annual basis, in the same period of 2023 growth was as high as 13.5 percent.

Inflation therefore does not seem to stop when it comes to the price of coffee, which affects European Union countries differently. Croatia (7.4 percent), Romania (6.8 percent) and Bulgaria (6.6 percent) suffered the largest increases, while Finland (15.5 percent), Lithuania (15.4 percent) ) and Denmark (7.5 percent) saw the cost of black beans drop the most. Coffee prices confirmed to be growing, above the EU average, for Italy (2.6 percent). Here too, however, the trend is decreasing compared to 2023: in March last year growth in the Peninsula was 8.6 percent.

 
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