Common consumer products at low prices to fight inflation. This is the measure that comes into force this Wednesday in Greek supermarkets. The signs are now required to constitute “the household basket,” a list of at least 51 categories of everyday consumer products at lower prices, defined by the government against inflation.
Bread, milk, sugar, baby products
In addition to staples ranging from bread and milk to sugar, coffee and baby food, this list also includes hygiene and cleaning products, according to the Ministry of Development and Investment.
Products in the “household basket” will have “special labelling”, while consumers have the option of evaluating prices on a site created by the ministry.
“Start the family basket, which includes 51 products at lower prices to face inflationary pressures,” Minister Adonis Georgiadis welcomed on his Twitter account.
fight against inflation
The objective of this measure is to fight against the “phenomena of speculation” in a context of inflation explosion in the last six months in Greece. Its rate has surpassed the 10% mark in the country. In September, inflation registered an increase of 12% in one year; the price of gas has more than quadrupled (+332%).
The “home basket” is part of a series of aid measures recently announced by the Conservative government to support especially low-income people who are seeing electricity and fuel bills skyrocket, as in all of Europe, because of of the conflict in Ukraine.
“We do not encourage distributors to increase the number of products in the family basket too much because they will not be able to reduce prices,” Adonis Georgiadis said Tuesday night on private television Mega.
Source: BFM TV
