date:Dec 20, 2022
hed a peak. Food inflation accelerated by 0.5% from October to November this year. While significant, 0.5% is the slowest monthly increase since the one from December 2021 to January 2022 (0.4%).
Meanwhile, general inflation in the Euro area decreased from 10.6% in October to 10.1% in November.
To showcase the pain in commodity prices for the bloc, the EU27 milk prices are up 43% this year, according to the European Commission.
Jukka Likitalo, secretary General of Eucolait, told last week th