Author Topic: Austerity isn't working  (Read 3223 times)

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Offline Maik

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Austerity isn't working
« on: Monday, 09 November, 2015 @ 20:14:11 »
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Food Prices in Greece Show Highest Increase Among EU 28

Despite the economic crisis, Greece shows the highest rise in food prices among the European Union’s 28 member states, according to Eurostat.

Figures released by the EU statistical authority show that food prices went up 2.9 percent compared to July, the largest percentage increase among the EU 28.

Compared to August last year, prices in super markets were up 4.2 percent in August 2015.

Specifically, bread and cereal prices rose 3.2 percent, the largest among the EU. Meat went up 1.9 percent, also the largest in the EU where the price of meat went down 1.3 percent on average.

On an annual basis, oils went up 9.9 percent, fruits 17.2 percent, vegetables 9.6 percent, fish 0.4%, and milk, eggs and cheese increased 0.3 percent.
http://greece.greekreporter.com/2015/11/09/food-prices-in-greece-show-highest-increase-among-eu-28/


So, er, what happened to the idea that record unemployment and making people homeless when they can't pay the mortgage would bring prices down?

:hmm: