Oil, milk and eggs, the basic products in the shopping basket that have become more expensive in a year’s time

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Olive oil is the staple food that has become more expensive in a year (33.5%), ahead of whole milk (33.2%), skimmed milk (33.1%) and eggs (28%).

Euskaraz irakurri: Esnea, olioa, et arrautzak dira azken urtean gehien garestitu diren erosketa saskiko productuak

After five months of declines, the year-on-year CPI rose again in Spain in January and this upward trend was confirmed in February after registering 6%. In addition, food prices rose 16.6% year on year in February, more than a point above the previous month’s increase, despite the VAT reduction on certain products in the shopping basket.

This behavior was influenced by the price increase of legumes, vegetables and meat, but also by the fact that fish and shellfish fell less in price than last year.

As for the products that affect the shopping cart, these are the ones that have become more expensive in the last year: oil, milk and eggs.

He olive oil remained the staple food that has become more expensive in a year (33.5%) prior to the Full Milk (33.2%), the skim milk (33.1%) and the Eggs (28%), fresh legumes and vegetables (23.6%), cereals and derived products (23.2%), dairy products (21.4%) and potatoes and their preparations (21.2%). All products with VAT reduction and elimination continued to increase by double digits compared to February 2022, except fresh or chilled fruitwith an increase of 5.6%.

among the elderly monthly increases of price were those of fresh legumes and vegetables or chilled (11.2%) and fresh or chilled fruit (5.4%). Flour and other grains, along with edible oils other than olive oil, were the only two food categories to see a reduction or elimination of VAT, which became cheaper in February compared to the previous month.

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Source: EITB

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