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Story perspectives

EU Food Prices Surge 33%—Margins Slip, Consumers Worry

5/31/2026

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Story summary
  • EU food and non-alcoholic beverage prices rose 33.2% between 2016 and 2025, the steepest decade-long surge among consumer goods.
  • One in three eurozone consumers now worry about affording food, according to the ECB’s Consumer Expectations Survey.
  • Agriculture and logistics wages rose about 6% in 2022-2023, outpacing food price inflation.
  • Grocery retailer EBIT margins fell to 2.8%, limiting firms’ ability to absorb higher costs.