Greek Households Struggle as Soaring Food Prices Strain Budgets
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Food prices in Greece have soared, with items like coffee, milk, bread, and eggs much more expensive than a year ago. This is putting a strain on household budgets.
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Greek PM Mitsotakis claims the economy is growing quickly, but many Greeks feel they are not seeing the benefits in their daily lives.
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Rising costs are also hurting market vendors, as customers buy less. Supermarkets are seeing more revenue as people switch to cheaper brands.
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The price of olive oil has skyrocketed, making it unaffordable for many. This is concerning as olive oil is a staple ingredient.
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To help, the government has created a list of basic affordable items that supermarkets must clearly highlight. But inflation remains high.