Topic

#food-inflation

European Central Bank headquarters across the Main in Frankfurt (illustrative) — Photo: Norbert Nagel, CC BY-SA 4.0, via Wikimedia Commons

Cost of Living|European Union

Euro area inflation hits 4.0% in October, Eurostat’s flash estimate says, led by energy at 20.8%

Eurostat’s 4 November flash estimate puts euro-area annual HICP at 4.0%, up from 3.8% in September. Energy is expected at 20.8% (18.9% in September); the monthly rate is 0.4%. Full October data are due 18 November. Separately, Statistics Netherlands’ flash puts Dutch CPI at 3.7% and Dutch HICP at 3.3%.

Daily Teabag Desk·November 4, 2026Centre

A gas-price sign on Eglinton Avenue, Toronto — Photo: Anthony Easton, CC BY 2.0

Data Desk|Canada

September CPI: gasoline lifts inflation to 3.1% while grocery inflation slows to 1.7%

Statistics Canada (19 October): the Consumer Price Index rose 3.1% year over year in September, up from 3.0% in August, led by gasoline (+27.8%). Excluding gasoline, the CPI rose 2.2%. Prices for food from stores rose 1.7%, the smallest increase since May 2024, but are still 33.0% higher than in September 2020. Fuel oil rose 57.8%. The next release is 16 November.

Daily Teabag Desk·October 20, 2026Centre

Shopping cart in a supermarket — Photo: Nesnad, CC BY 4.0

Data Desk|Canada

Groceries cooled to +2.8% — but the five-year climb is still ~29%

Statistics Canada’s August 2026 CPI (released 14 September): all-items +3.0% year-over-year; food from stores +2.8% — first time since July 2024 below headline. Food from stores is still about +29.0% since August 2021. Next release: 19 October 2026.

Daily Teabag Desk·September 21, 2026Centre