Current inflation checks show that cheap flour has become 127 percent more expensive in a year-over-year comparison, and tea butter by 76 percent. The AK applauds the cabinet’s measures, but proposes a temporary reduction in VAT on food.
If you want to bake a pie, some ingredients require you to dig a lot deeper into your wallet than last year. The AK inflation check between 23 and 25 May at seven stores (Billa, Billa Plus, Spar Interspar, Hofer Lidl and Penny) shows: the cheapest wheat flour (1 kilogram, handy) cost 0.41 euros in June 2021, now 0 .92 euros.
“That is a price increase of almost 127 percent,” consumer lawyer Gabriele Zgubic calculates. The cheapest tea butter (1 kilogram) was available in June 2021 for 5.67 euros, now for 9.96 euros – an increase of almost 76 percent: “A major problem is that, in addition to the sharp price increases, cheaper own brands are in the shops. sometimes unavailable and consumers have to resort to even more expensive products.”
“A lot of people moan when they shop because of the high prices. Those who have less money compare prices and choose cheaper products. It is good that the government has finally responded with an anti-inflation package. But what is also missing are measures that would directly push prices down, such as a temporary reduction in VAT on food.”
“Many people turn to cheaper groceries because they have to budget with their income. And when the previously cheap products are now so expensive, the burden is greater for people with lower incomes. Because compared to higher incomes, they spend a considerably larger part of their income on products they need to live. They are much more affected by the price explosions.”
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
