May edition, with prices and analysis for major commodities.

Introduction:

The Southern European traders are preparing for the summer months, which are expected to see high consumption mainly due to increased tourists presence, after three years of COVID-19 restrictions. Prices are high for high-end products, such as demersal fish, cephalopods and shrimp. Inflation in Europe has started to decline, but for food items it is generally still exceeding 10 percent, and for many seafood products, prices are about 30 percent higher than one year ago.