How much has the price of pizza increased in the EU?

The price of pizza in the EU recorded a moderate increase in 2023, according to a new Eurostat report. Dishes vary from country to country.

The average price of store-bought pizza and quiche in the EU in December 2023 was 5.9% higher than in December 2022, according to Eurostat. However, this indicates that the pace of price increases for both dishes slowed in 2023 compared to December 2022, when prices were 15.9% higher than in December 2021.

Pizza and quiche lovers experienced higher prices in Hungary (+13.4%), Luxembourg (+11.3%) and Latvia (+10.6%). Prices also rose slightly in Denmark (+0.6%) and Belgium (+1.0%).

In contrast, customers in the Netherlands were able to order these dishes for a slightly lower price, with a fall of -0.9%. The variability of pizza prices is influenced by a number of factors, including fluctuations in the prices of its main ingredients.

For example, in March 2023, the average price of oils and fats, the key ingredients of pizza, including olive oil, increased by 23% in the EU compared to March 2022, according to Eurostat data.

Overall, the price of pizza is influenced by a combination of factors, with ingredient costs, location, competition and consumer preferences playing a key role in determining the final price.

Source:www.euronews.com

Posted in Blog

Friday Feb 16 1:56 pm

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