Inflation & Prices
Mediterranean Diets Won’t Shield You From Food Inflation
- Spanish paella remains expensive due to olive oil price spike
- Cost of making coq au vin is almost double headline inflation
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Overall inflation rates may be slowing across Europe, but the price of ingredients to make traditional dishes in France and Spain highlights how the worst cost-of-living crisis in a generation is still raging.
Bloomberg’s custom index showed French households had to spend 8.4% more last month to prepare a coq au vin than a year earlier. Data from the country’s National Statistics Office and the Ministry of Agriculture and Nutrition put the total cost at €19.4 ($21.3).