The inflation rate in the Euro Area declined to 2.4 percent year-on-year in November 2023, reaching its lowest level since July 2021, this rate compares to 2.9 percent in October and 4.3 percent in September. In this European Fish Price Report, 55 percent of the prices were stable compared with November 2023, 22 percent went up and 23 percent went down. Read more in the full report

Inflation continues its decline to 2.9 percent in October 2023, which compares with 4.3 percent in September. The lowest annual rates were observed in the Netherlands, Denmark and Belgium while the highest were recorded in the Eastern part of the continent. In the current European Fish Price Report, 52 percent of the prices were stable compared with October 2023, 20 percent went up and 28 percent went down. Read more in the full report

Inflation is going down in all major European countries. Annual inflation in the euro area stood at 4.3 percent in September, compared with 5.2 percent in August. In the European Union, the rate was 4.9 percent, compared with 5.9 percent in August. The lowest annual rates were observed in the Netherlands (-0.3 percent), Denmark (0.6 percent) and Belgium (0.7 percent), while the highest were recorded in Hungary (12.2 percent) and Romania (9.2 percent). In the...

In September, the summer holidays are over in Europe, and importers are preparing for the Christmas sales period. However, the market is very volatile, as the impact of inflation on the seafood market, including during the main festivities, is likely to be severe. Prices of seafood are generally going up, with a few exceptions, which include cod products and shrimp, for which demand continues to be low. In the present European Fish Price Report, some...

Inflation continues to decline in the European area, but disposable income is still impacted, especially given the varying price recovery patterns and the sharp rise in mortgage interest rates over the past year. The overall demand for seafood is surprisingly low even compared to last year, which was not a particularly strong year in terms of demand. As a result, many prices of fish products are decreasing. Only the higher valued items, such as lobsters...