By Tasos Dasopoulos The persistently high inflation that we have been experiencing for about a year, reaching 11.6% in July, has significantly reduced the purchasing power of our incomes and is squeezing GDP due to the increased value of imports of fuel and raw materials. However, it also has some, few, positive sides. It significantly […]
Tag: revaluations
Retail: Energy and price hikes slow sales turnover
By Matina Harkoftakis Retail sales seem to have fallen flat in July as consumers appear restrained in their purchases. The outstanding month of sales has not, based on the data so far, lived up to expectations, as they point out in Capital.gr industry executives. “The first picture we have from the sales, which officially started […]
The price hikes are holding down turnover in supermarkets
By Giorgos Lampiris Supermarkets keep their turnover in the first five months of 2022, despite the wider inflationary environment and product price increases, but also in most categories of inelastic expenses that weigh on the family budget, according to the data of the measurement company IRI. As can be seen from the relevant data, the […]
Punctuality holds turnover in supermarkets
By Giorgos Lampiris Supermarkets keep their turnover in the first five months of 2022, despite the wider inflationary environment and product price increases, but also in most categories of inelastic expenses that weigh on the family budget, according to the data of the measurement company IRI. As can be seen from the relevant data, the […]
ECB study: European companies are preparing price increases
Of Leonida Stergiou More than 70% of European businesses, of all sizes and sectors, said they were preparing large or moderate price increases in the coming months due to strong inflationary expectations from suppliers and customers. That is, production costs increase but at the same time customers appear more willing to accept higher prices due […]
UN: Price surge pushed more than 70 million people into poverty in three months
Soaring global food and energy prices plunged 71 million people, mostly in low-income countries, into poverty since March, in other words in just three months, the United Nations Development Program reveals ( PNUD) which is releasing data on the development today. The expansion of poverty “is markedly faster than when the shock of the novel […]
P. Skourletis: To adopt a zero VAT rate for consumer goods
In the need for measures that will strike at the core of accuracy, which the government is not doing, by intervening in the wholesale electricity price formation mechanism, by reducing excise taxes on fuel consumption, but also with a zero VAT rate on consumer goods, in order to to relieve households with low incomes, which […]
R. Svigou (SYRIZA): We citizens do not cope with precision Mitsotakis
“Citizens can’t cope with Mitsotakis accuracy,” said Rania Svigou, the secretary of the Central Committee of SYRIZA-Progressive Alliance, from Thessaloniki. “Citizens can’t cope with a policy that turns its back on the lives of ordinary people,” Ms. Svigou noted and continued: “The elections are coming in the fall. We are ready for them and we […]