Financial and Monetary Systems

Inflation in Europe: Could your morning coffee become a 'luxury'?

Nov 7, 2022

A person pouring milk into a cup of coffee. Impact of inflation: Eurostat data shows that the price of a cup of coffee rose by 16.9% in the year to August 2022.

Impact of inflation: Eurostat data shows that the price of a cup of coffee rose by 16.9% in the year to August 2022. Image: Unsplash/Fahmi Fakhrudin

Douglas Broom

Senior Writer, Forum Agenda

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A woman on the phone with a cup of coffee in her hand.

Could your morning coffee become a luxury? Image: Pixabay.

A graph showing inflation for coffee items in the EU from August 2021 - August 2022.

EU prices for coffee, milk and sugar have surged. Image: Eurostat.

A graphic showing highest inflation rates for coffee items in the EU.

Is the daily morning coffee about to become a luxury for Europeans? Image: Eurostat.

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Financial and Monetary Systems Food Security European Union

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