ETUC highlights impact of food price inflation
An ETUC analysis reveals how families will be forced to cut back on Christmas dinner this year as a result of food prices rising up to seven times faster than wages. The ETUC found that food prices – the second highest contributor to inflation after energy – have increased by 18% across the European Union since last winter. In contract, the latest figures indicate that nominal wages are expected to have increased by 4.4% in the EU by the end of this year. The sharpest increases are happening in Slovenia, where food prices are rising 7.6 times quicker than wages, followed by Sweden (6.4), Spain