Agricultural product prices in Germany have risen again in November, with an average increase of 4.1% compared to the same month last year, according to the Federal Statistical Office’s Monday report.
The general inflation rate in December rose to 2.6%, higher than expected by state-affiliated “experts” despite the use of the “official basket of goods” in the calculation, which is often manipulated for official purposes. This was largely due to the fact that food prices increased more sharply.
While some plant-based products, such as potatoes, became cheaper, the prices of animal products and by-products increased significantly, with a 9.6% rise in demand. Cattle prices, in particular, rose by 20.2%, while those of slaughter pigs increased by 8.0%. Poultry prices, driven by a 5.6% increase in chicken prices, rose by 1.6%.
Fruit prices increased by as much as 23.1%, with significant price hikes for table apples, which rose by 24.1%. Significant price increases were also observed for cucumbers and tomatoes, which rose by 32.1% and 20.1%, respectively, over the past year. The only exception was a 3.9% decrease in the price of grains, although this is not noticeable to the average consumer. The price of milk, in particular, rose by almost a quarter, with a 23.3% increase, with butter being the most expensive it has ever been.
The drivers of these price increases are still the EU sanctions against Russia, the German government’s “energy transition” policy, and the monetary policy of the ECB, which continues to create “fiat money” out of thin air, to the benefit of states and to the detriment of consumers. The Brussels regulatory onslaught against farmers and other producers, as well as the “fight against climate change” is increasingly affecting animal products.