Home Economy France: Rise in the cost of “cock”

France: Rise in the cost of “cock”

0
France: Rise in the cost of “cock”

The cost of preparing her traditional dish coq au vin has risen to record levels. Franceshowing how inflation impacted family dinners by driving up the price of everything from onions to wine.

Bloomberg’s new monthly Coq-au-vin index, based on a selection of the most commonly used ingredients for the famous coq-au-vin, is up 14.9% in April from a year earlier. The average price now reaches 18.70 euros.

While inflation in France has consistently been among the lowest in the eurozone during the current energy crisis, the index highlights that even there, the cost of living shock is hitting household budgets.

The index collects data from France’s National Statistical Office and the country’s Ministry of Agriculture and Food and tracks poultry, wine, carrots, onions, mushrooms and oil.

“By the end of the summer season, we will have a visible reduction in shelf prices,” the agriculture secretary said of the cost of food, according to Bloomberg.

In April, President Macron said France’s food inflation would remain “challenging” for consumers until autumn.

Rising food prices exacerbated France’s worst punctuality crisis in a generation, with the government urging stores to cut margins to keep groceries affordable.

Author: newsroom

Source: Kathimerini

LEAVE A REPLY

Please enter your comment!
Please enter your name here