What country has seen the biggest increase in pizza prices?

Hungary reported the biggest increase in the price of pizza in the European Union in December 2023, compared to the same month the previous year, seeing a 13.4% gain.

According to the Eurostat data, which was released to coincide with the recent National Pizza Day, double-digit price increases on the popular snack were also observed in Luxembourg (+11.3%) and Latvia (+10.6%).

Germany (+9.9%), Austria (+9.5%) and Croatia (+9.0%) were other countries in which pizza prices saw a marked increase, year-on-year.

Just one country reported a decline in pizza prices in December – the Netherlands, where prices fell by 0.9%. Small increases were reported in Denmark (+0.6%) and Belgium (+1.0%).

At a European level, the average price of store-bought pizza and quiche increased by 5.9% in December 2023, compared to the same month the previous year, Eurostat said.

This marks a deceleration in the rate of inflation from the previous year, when prices were on average 15.9% higher in December 2022 compared to December 2021, Eurostat said.

Pizza Price Increases Across Europe (Dec 2023)