As inflation recedes, food prices continue to gallop and citizens’ purchasing power collapses“, said the PASOK-Movement of Change with a comment from the Press Office.

He pointed out that “the picture has not changed for many months, the number of items and if he includes each time in the hole, as it turns out, the Minister of Development’s household basket and the – few – communication type fines he imposes, while leaving unchecked all stages of the market up to the final product to reach the shelf».

He added that it is now certain that food price hikes will continue to persist for several more months, further eroding the purchasing power of the most vulnerable and the middle classes, who spend a proportionally larger percentage of their income on food.

The more the purchasing power of the citizens shrinks, the more social inequalities will widen, the demand will decrease and the development course of the economy will be undermined. The proposals of PASOK-Movement for Change to deal with punctuality as well as private debt are the only safe and fair option for society’s exit from the tunnel of crisis“, underlines Harilaou Trikoupi in her comment.