Germany: Animal product prices up 43.7 percent in November
The year-on-year rate of change had been +37.9% in October 2022 and +40.3% in September 2022. Compared with October 2022, prices fell by 0.5%. The prices of plant products rose by 16.7% on the same month a year earlier, which was a smaller increase than that of animal products prices (+43.7%). The rate of change had been +37.9% for plant products in October 2022 and +46.8% for animal products. Month-on-month changes in November 2022 were -1.5% for plant products and +0.2% for animal products.
Animal product prices in November 2022 were 43.7% higher than in November 2021. The price of milk in November 2022 was 52.1% higher than in the same month last year. Egg price increase was 40.0% compared to November 2021.
The price of animals in November 2022 increased by 36.5% compared to November 2021. Compared to October 2022, prices decreased by 1.1%. In October 2022, the price increase compared to the same month in the previous year was still 39.2%. The prices for slaughter pigs in November 2022 rose by 56.9% compared to November 2021, compared to the previous month they fell by 2.7%. The price increase for cattle was 14.2% compared to the same month last year. In November 2022, the prices for poultry were 34.2% higher than in November 2021. The main reason for this was the price development for chicken (+34.1%).
The price of milk in November 2022 was 52.1% higher than in the same month last year. Egg price increase was 40.0% compared to November 2021.
The products are made from balanced combinations of chicken breast and thigh, chicken sausages or...
According to estimates gathered from participating companies, the contacts and negotiations carri...
The decision followed years of extensive negotiations by the German Federal Ministry of Food...
