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Since the peak of the economic crisis at the beginning of the last decade, inflation in Greece has recorded a record in the last 11 years according to the National Institute of Statistics (ELSTAT) going to 5.1% in December 2021 and causing a chain of price increases especially in energy and food items.
In the main price changes since December 2020, there is an increase of 135.7% in natural gas, 45% in electricity and 34.1% in heating oil.
This has led to an increase in prices in supermarkets of daily food products by up to 20%, which was reflected in the holidays, the cost of which was 18.5% higher than last year.
In the category of food basket is visible the increase of lamb by 19.7%, olive oil by 17%, potatoes by 14%, pasta by 7.6%, vegetables and cheeses by 5.5%, bread by 4.9 %, chocolate with 4% and coffee with 3.4%.
As the Greek Prime Minister stated in a recent interview, the government will try to bring the law for approval for the second increase with 7% of the minimum wage, which has been increased by 2% since January 1 this year.
This aspect, together with the reduction of taxes and insurance contributions, as well as the increase of economic development for 2022 by 4.5-5%, are expected to bring a relief in coping with this wave of inflation and inflation, a phenomenon that according to official Athens is visible. even in powerful countries like Germany or the US.
It is also noted that since September, the Greek government has delivered a 1.3 billion euro aid package to citizens and businesses to cover the costs of electricity, natural gas and heating oil.
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