Cost of food In the Euro Area increased 1.70 percent in December of 2019 over the same month in the previous year.

Food Inflation in the Euro Area averaged 1.77 percent from 1997 until 2019, reaching an all time high of 6.90 percent in July of 2008 and a record low of -1.60 percent in October of 2009. This page provides the latest reported value for - Euro Area Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Eurostat

Food Inflation in Euro Area is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Euro Area to stand at 1.70 in 12 months time. In the long-term, the Euro Area Food Inflation is projected to trend around 1.90 percent in 2020, according to our econometric models.


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Euro Area Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.50 6.90 -1.60 1997 - 2019 percent Monthly
2015=100, NSA
Euro Area Prices Last Previous Highest Lowest Unit
Inflation Rate 1.30 1.00 5.00 -0.60 percent [+]
Inflation Rate Mom 0.30 -0.30 1.30 -1.50 percent [+]
Consumer Price Index CPI 105.43 105.10 105.44 70.40 points [+]
Core Consumer Prices 104.69 104.27 104.83 75.10 points [+]
Core Inflation Rate 1.30 1.30 2.60 0.60 percent [+]
GDP Deflator 104.98 104.71 104.98 72.22 points [+]
Producer Prices 104.40 104.20 106.20 49.10 points [+]
Producer Prices Change -1.40 -1.90 10.80 -8.20 percent [+]
Import Prices 100.50 100.60 101.50 93.30 points [+]
Food Inflation 1.70 1.50 6.90 -1.60 percent [+]
CPI Housing Utilities 105.38 105.37 105.38 60.35 points [+]
CPI Transportation 107.04 106.22 107.87 66.00 points [+]