'Almost a luxury': coffee, sugar, milk prices soar
STORY: A morning coffee is now ‘almost a luxury’ for Europeans.
That’s according to the Eurostat statistics office.
It’s compiled data on the cost a pick-me-up in the EU.
Coffee prices were up almost 17% in August from last year.
If you don’t take it black, the cost of cup gets even worse.
Fresh whole milk prices jumped by almost a quarter.
And sugar was up even more - by over a third.
The data showed prices for the staples rose in every EU country bar Malta.
Finns faced the biggest jump for coffee, with prices there up by 43.6%.
In Poland the price of sugar more than doubled.
Overall inflation in the euro zone hit a new record high of 10% in September.
Rising food and energy prices were the big driver.