Bread 14%, onions 258% and mortgage 3,600 euros more: To whom does the price increase affect the most?
- Basic food has grown by 15.4% in the Spanish State in one year and the Consumer Price Index has risen again to 5.9%. This increase in prices has generated concern and the Government of Spain seeks solutions with large producers and sellers. However, so far they have not agreed.
The data has been published recently, with an increase of 15.4% in basic food in a year and much more. For example, bread has risen 14%, but milk has risen 26%, eggs 27%, oil 30% and onions 238%. Concern over this large increase has been greater, as last year’s inflation was on the way to stabilisation, but the underlying inflation has been the one that has caused the alarms, which is already at 7.5%, which measures the daily shopping cart. As a result, the CPI has also gradually increased to 5.9%.
At the moment, there is no possibility of limiting staple foods to the head of Llanas, as was done with energy, or of reducing the cost of the shopping cart by 14.4%, as proposed by Unidas Podemos.
The giants of the primary sector and the food chain are bearing the costs of the energy crisis on the citizens, who are suffering the consequences of this increase. Moreover, the increase in interest rates by the European Central Bank has also increased mortgages, Euribor is 3.6%, and according to ELA trade union data the variable mortgage is expected to grow by more than EUR 3,600 per year.
This price increase will therefore further impoverish these staple foods and those who have to pay rent or mortgage.
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