Inflation: The prices of butter and coffee are skyrocketing – your breakfast will be much more expensive

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InflationThe prices of butter and coffee are skyrocketing – that’s how much more expensive your breakfast is

Eggs, milk, cheese, coffee: The Comparis Consumer Price Index shows you now have to dig deeper for the average breakfast.

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Zmorge ingredients in Switzerland have become significantly more expensive in 2022.

20 min/Ela Celik

The Swiss have to pay more for butter, margarine, edible fats and oils, coffee, milk, cheese, eggs and tea.

The Swiss have to pay more for butter, margarine, edible fats and oils, coffee, milk, cheese, eggs and tea.

20 min/Ela Celik

But not everything is getting more expensive: Medicines have become cheaper by 43 percent since 2000.  (icon image)

But not everything is getting more expensive: Medicines have become cheaper by 43 percent since 2000. (icon image)

20 min/Michael Scherrer

“High heating costs and more expensive breakfasts make a hole in your wallet, especially on low incomes,” says Comparis financial expert Michael Kuhn. The Comparis Consumer Price Index consists of price development from regularly consumed goods such as food, medicine or clothing. In October of this year, the prices of everyday goods in Switzerland rose by 3.2 percent compared to the same month last year.

Nine typical Zmorge ingredients are even 5.5 percent more expensive compared to 2021; The Swiss have to pay mainly for butter (plus 10.7 percent), margarine, edible fats and oils (plus 8.9 percent), coffee (plus seven percent), milk, cheese, eggs (plus 5.9 percent) and pay more for tea (plus 3.4 percent).

The prices of these goods have been rising continuously for years, since 2000 the price of breakfasts with all the mentioned ingredients has risen by an average of 11.1 percent. Over the years, the prices of butter, jam, honey, margarine, fats and oils, tea, coffee, bread, flour and cereal products have increased the most.

The Swiss have to pay more for butter, margarine, edible fats and oils, coffee, milk, cheese, eggs and tea.

The Swiss have to pay more for butter, margarine, edible fats and oils, coffee, milk, cheese, eggs and tea.

Comparison of the consumer price index in cooperation with the economic research center KOF ETH.

Also more expensive: printed products, men’s and women’s shoes, and fruit and vegetable juices

In addition to ingredients for breakfast, other goods also became more expensive: from September to October, breakfast prices rose by 8.8 percent Heat increased, even by 56 percent compared to the previous year. After heating costs, the prices of printed goods, men’s and women’s shoes and fruit and vegetable juices are skyrocketing, “due to a bad harvest and increased demand,” explains Kuhn.

Not everything is getting more expensive: medicines, electronic devices and body care have become cheaper over the years

But not all prices are rising so extreme: The price of electricity has been stable since September, compared to the same month last year, electricity prices increased by 2.4 percent. Some products have also been getting cheaper and cheaper since 2000: First of all, it is medicines with an average discount of 43 percent. Storage media are also 40 percent cheaper, and home appliances, personal care and telecommunications are also about 30 percent cheaper today. Toiletries were also 14 percent cheaper.

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