
The cost of ingredients for the traditional dish “Coq au Vin” also rose in June, bucking the downward trend in overall inflation, a sign that lower energy and wholesale prices are being passed on more slowly to products on the shelf. supermarkets, reports Bloomberg.
A special index analyzed by Bloomberg, which calculates how much a household has to pay for the ingredients needed to prepare the famous French dish, rose 10.6% year-on-year in June. This is due to the prices of carrots, onions and mushrooms, which recorded accelerated growth compared to the increase in May.
June’s gain is lower than the 12.4% year-on-year increase registered by the same index in May, thanks to a slowdown in chicken prices. Prices for chicken, the most expensive ingredient in Coq au Vin, rose just 9.3% year-on-year in June, marking the first time the product has risen by less than 10% over the past 12 months. .
However, the total cost of making “Coq au Vin” reached a new all-time high of €19.42 in June.
At the same time, official data showed that headline inflation in France slowed to 5.3% in June, the lowest level recorded since March last year. However, food prices continue to rise significantly by 13.7%, and fresh food prices rise by 14.1%.
Separately, the monthly paella index, also calculated by Bloomberg, rose 14.5% in June 2023 compared to the same month last year, although Spain’s overall consumer price index fell below 2%.
Source: Hot News

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