Economic·Euronews·1h agoGlobal

Eurozone Food Inflation to Rise Again in 2027 as Heat and Commodity Costs Bite

Oxford Economics forecasts 3% food inflation next year, up from 1.6% now

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Eurozone Food Inflation to Rise Again in 2027 as Heat and Commodity Costs Bite

AI Summary

Eurozone food inflation is expected to rise to around 3% in 2027 due to extreme summer heatwaves and higher commodity costs, according to Oxford Economics and Deutsche Bank.

Keywords

food inflationeurozoneheatwavescommodity pricesECB

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