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Lower dairy and vegetable retail prices

21/09/2023

The retail price of dairy products fell by an average of 3% over June and July, after a long period of rising; vegetables became 6% cheaper during this period, which fits in with the summer season. The retail price of potatoes actually rose sharply by 8%. Other products with higher prices are beef (3%), and poultry meat, pork and bread (all around 1%). The prices of eggs and fruit in the store remained practically the same.

While their retail prices rose, industry prices of poultry meat and beef fell. The industrial price of bread remained the same. The industry price of dairy also fell by 2% and the industrial price of pigs also rose by 6%. This means that prices throughout the pork chain are unprecedentedly high at the end of July again. A significant price drop has occurred in the farm gate price of eggs (-28%), while the potato grower price increased by a considerable 44%. This might not put an end to potato retail prices.

These results are taken from the bimonthly notes to the Food Price Monitor of Wageningen Economic Research and Statistics Netherlands

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