Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Food prices soar – herring and potatoes skyrocket

The average prices of food and non-alcoholic beverages rose by 0.4 per cent in May compared to April this year, according to new figures from the SCB.

» Updated: 16 July 2024, 15:01

» Published: 14 June 2024

Food prices soar – herring and potatoes skyrocket
Photo: Fredrik Sandberg /TT

The average prices of food and non-alcoholic beverages rose by 0.4 per cent in May compared to April this year, according to new figures from the SCB.

"Food prices rose by 0.5 per cent, while prices of non-alcoholic beverages fell by 0.5 per cent in May compared to April," says Carl Mårtensson, price statistician at the SCB in a press release.

For both categories combined, this corresponds to a price increase of 0.4 per cent.

Compared to May 2023, food has become 1.3 per cent more expensive and non-alcoholic beverages 2.8 per cent more expensive in May 2024.

It is sweets and ice cream that have risen most in price over the past year among product groups. They have increased by 4.8 per cent. Next come prices of vegetables, which have risen by 3.3 per cent.

"During the same period, prices of milk, cheese, and eggs have fallen by 1.8 per cent," says Carl Mårtensson.

Prices of classic Midsummer goods, such as herring and potatoes, have risen more than average food prices since May last year.

"Potato prices have risen by over 15 per cent over the past year. Herring prices have gone up by nearly 4 per cent. But herring usually becomes cheaper in June," says Caroline Neander, price statistician at the SCB.

Dairy products such as ice cream, cream, sour cream, and crème fraiche, on the other hand, have fallen in price compared to May 2023.

"Prices of sour cream and crème fraiche have fallen by nearly nine per cent compared to May last year," says Neander.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

The Union Steps Up the Tesla Strike
1 MIN READ

The Union Steps Up the Tesla Strike

New French obstacles for Airbnb
1 MIN READ

New French obstacles for Airbnb

The Government Seeks Support for Those Affected by Northvolt
1 MIN READ

The Government Seeks Support for Those Affected by Northvolt

The regional tax will be raised next year
1 MIN READ

The regional tax will be raised next year

Astra Zeneca's China Chief Arrested by Police
1 MIN READ

Astra Zeneca's China Chief Arrested by Police

More rate cuts - but risk of turmoil with Trump
2 MIN READ

More rate cuts - but risk of turmoil with Trump

Svantesson: Trump's policy may increase inflation
2 MIN READ

Svantesson: Trump's policy may increase inflation

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

Thedéen expects turmoil after Trump's victory
2 MIN READ

Thedéen expects turmoil after Trump's victory

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

The Stockholm Stock Exchange Continues Upwards
1 MIN READ

The Stockholm Stock Exchange Continues Upwards

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory