Cost of food In the Euro Area increased 1.60 percent in May of 2026 over the same month in the previous year. Food Inflation in Euro Area averaged 2.46 percent from 1997 until 2026, reaching an all time high of 17.50 percent in March of 2023 and a record low of -1.60 percent in October of 2009. source: EUROSTAT
Food Inflation in Euro Area is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Food Inflation is projected to trend around 2.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.