Food prices have increased substantially over 2022. One of the food products with the highest price increase is eggs according to data released by Eurostat, the statistical service of the EU. Data for January 2023 show that the price of eggs in the EU was, on average, 30% higher than in January 2022. The increase was 23% in Cyprus according to the same data. Much smaller price increases were recorded in January 2022 compared with January 2021 (+7%) and in January 2021 compared with the pre-COVID-19 month of January 2020 (+1%). Among the EU countries, the highest increase in annual inflation for eggs was recorded in Czechia (+85% in January 2023 compared with January 2022), followed by Hungary (+80%) and Slovakia (+79%). Smaller but still substantial increases were recorded in Germany and Luxembourg (both +18%), and Austria (+19%).
Source: Cyprus News Agency