Food prices jumped 30% in 3 years, but wages just 12%
Food prices jumped 30% in 3 years, but wages just 12%
18/6/2024 6:11

While Prime Minister Kyriakos Mitsotakis has brought an accelerating economy to Greece, his government is struggling to hold down soaring food prices that have led many households to switch to cheaper products or cut spending.

Food prices have gone up 30 percent since an inflationary spike began 2021, more than twice the average salary raise of 12 percent, the government getting supermarkets to create household baskets to hold down the price of 51 staples.

Source: The National Herald

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