Milk and butter are becoming increasingly expensive

Food prices were relatively unchanged during the month of October, according to new figures from Statistics Sweden (SCB). One item that has taken off, however, is milk.

» Published: November 14 2024

Milk and butter are becoming increasingly expensive
Photo: Fredrik Sandberg/TT

"Milk has increased a lot in price lately, the milk price has risen by over ten percent in the last year", says Carl Mårtensson, price statistician at SCB, in a press release.

The commodity group that increased the most in price in October was oils and fats, up by 4.1 percent from September. The price of butter, for example, has risen by over 8 percent.

Lower prices can be seen in, among other things, fruit and vegetables, although it varies a lot between different products, writes SCB.

"Most things within food and non-alcoholic beverages have risen in price over the last year. On the other hand, fruit and vegetables have decreased in price overall", says Caroline Neander, price statistician at SCB.

According to SCB, the average prices of food and non-alcoholic beverages rose by 0.01 percent in October compared to September. Seen over a year, prices increased by 1.7 percent compared to October last year.

Tags

TTT
By TTTranslated and adapted by Sweden Herald

More news

Weight Watchers Files for Chapter 11 to Restructure $1.15 Billion Debt
1 MIN READ

Weight Watchers Files for Chapter 11 to Restructure $1.15 Billion Debt

Eurozone Retail Trade Slightly Down in March
1 MIN READ

Eurozone Retail Trade Slightly Down in March

Preem Reports Q1 Loss but Sees Positive Trend in Diesel and Renewables
1 MIN READ

Preem Reports Q1 Loss but Sees Positive Trend in Diesel and Renewables

Trump's Houthi Decision Impacts European Shipping Stocks
1 MIN READ

Trump's Houthi Decision Impacts European Shipping Stocks

Ørsted Halts Hornsea 4 Offshore Wind Project Amid Rising Costs
1 MIN READ

Ørsted Halts Hornsea 4 Offshore Wind Project Amid Rising Costs

Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden
1 MIN READ

Saab Secures 1.3 Billion Kronor Order for Light Torpedoes in Sweden

Swedish Inflation Too High for Central Bank to Cut Rates
2 MIN READ

Swedish Inflation Too High for Central Bank to Cut Rates

Sats Gym Chain Sees Membership and Profit Surge in First Quarter
1 MIN READ

Sats Gym Chain Sees Membership and Profit Surge in First Quarter

BMW Stock Rises Despite China Sales Slump and Profit Decline
1 MIN READ

BMW Stock Rises Despite China Sales Slump and Profit Decline

Cloetta Reports Profit Growth Amid Higher Chocolate Prices
1 MIN READ

Cloetta Reports Profit Growth Amid Higher Chocolate Prices

Novo Nordisk Shares Climb 4 Percent Despite Lowered 2025 Forecast
1 MIN READ

Novo Nordisk Shares Climb 4 Percent Despite Lowered 2025 Forecast

Skanska Reports Doubling of Profit in First Quarter
1 MIN READ

Skanska Reports Doubling of Profit in First Quarter

Stock Market Opens Slightly Down Amid US-China Trade Talks
2 MIN READ

Stock Market Opens Slightly Down Amid US-China Trade Talks

Intrum Reports Increased Profit, Expects Capital Boost by July
1 MIN READ

Intrum Reports Increased Profit, Expects Capital Boost by July

China Stocks Rise Amid US Trade Talks Announcement
1 MIN READ

China Stocks Rise Amid US Trade Talks Announcement

China Reduces Key Interest Rate to 1.4 Percent
1 MIN READ

China Reduces Key Interest Rate to 1.4 Percent

US and China to Hold First Major Trade Talks Since Tariff War
1 MIN READ

US and China to Hold First Major Trade Talks Since Tariff War

US Stock Market Declines as AI-Related Stocks Weigh Down Indices
1 MIN READ

US Stock Market Declines as AI-Related Stocks Weigh Down Indices

Savers Show High Activity Amid Stock Market Crash
2 MIN READ

Savers Show High Activity Amid Stock Market Crash

UK and India Sign Major Post-Brexit Trade Agreement
1 MIN READ

UK and India Sign Major Post-Brexit Trade Agreement