Why Europe's Food Price Index Is Hiding a Deeper Inflation Problem

Eurozone headline inflation just hit 3.2 percent, but Lucas and Luna dig into a number you haven't heard about: Europe's food price index. While energy costs dominate the headlines thanks to the Iran war, food inflation has quietly climbed to 4.1 percent in the eurozone—driven not by oil, but by fertilizer costs, logistics bottlenecks, and a drought in Spain that's hitting olive oil and fresh produce. They explore why the ECB is watching this index closely, how it differs from US food inflation, and why consumers in Southern Europe are feeling the pinch more than their northern neighbors. Specific data: Spain's vegetable prices up 12 percent year-over-year, Italy's pasta prices up 8 percent. A granular look at a hidden stickiness in European inflation. #Eurozone #EuropeanEconomy #Inflation #FoodPriceIndex #ECB #EurozoneInflation #SpainDrought #OliveOil #EnergyCosts #SupplyChain #FertilizerCosts #ConsumerPrices #SouthernEurope #EconomicData #FexingoBusiness #BusinessPodcast #EconomicsShow #EuropePodcast Keep every episode free: buymeacoffee.com/fexingo