Swedish food prices: Coffee 47 percent more expensive
So we guess the money-saving tip for this month is to swap your morning cup of coffee for a cauliflower.
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Food prices including non-alcoholic beverages rose 0.2 percent in May, compared to April.
In one year, grocery prices have increased 5.2 percent, with coffee, chocolate and dairy products behind most of the increase. Coffee prices only rose 0.6 percent compared to April, but a cup of coffee is 47 percent more expensive than last year, according to Statistics Sweden.
The price increases are slowing down, however. In April the year-on-year increase was 5.5 percent.
And on the bright side: buying vegetables is less expensive than last year.
"Cauliflower has gone down by 27 percent, the price of leeks has fallen 23 percent and the price of carrots has fallen 20 percent in the past year," said Statistics Sweden analyst Caroline Neander in a statement.
Inflation according to CPIF (with mortgage rates removed from the equation) stood at 2.3 percent in May.
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Swedish food prices: Coffee 47 percent more expensive
So we guess the money-saving tip for this month is to swap your morning cup of coffee for a cauliflower. Advertisement Food prices including non-alcoholic beverages rose 0.2 percent in May, compared to April. In one year, grocery prices have increased 5.2 percent, with coffee, chocolate and dairy products behind most of the increase. Coffee prices only rose 0.6 percent compared to April, but a cup of coffee is 47 percent more expensive than last year, according to Statistics Sweden. The price increases are slowing down, however. In April the year-on-year increase was 5.5 percent. And on the bright side: buying vegetables is less expensive than last year. "Cauliflower has gone down by 27 percent, the price of leeks has fallen 23 percent and the price of carrots has fallen 20 percent in the past year," said Statistics Sweden analyst Caroline Neander in a statement. Inflation according to CPIF (with mortgage rates removed from the equation) stood at 2.3 percent in May.
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