The ‘rally’ of food prices and inflation, which The “extra cost” that families pay per year for the shopping cart has risen to 924 euros on average, requires the government to take additional measures to support families. This is the message launched by consumer associations, Facua-Consumidores em Ação and OCU. According to data released this Tuesday by the National Statistics Institute (INE), the prices of food goods globally rose by 16.6% last month, a pace never seen before in statistical series.
Specifically and through a statement, the OCU claims to “urgently and substantially increase the value of the aid of 200 euros for vulnerable households, as well as the number of beneficiaries”, while calling for the extension of VAT to 0% on meat and to the fish.
“This last climb puts a large number of basic products at prices that are difficult for many families to afford“, according to the OCU, which has pointed out, among the consequences, the cut in fresh products (meat, fish, fruit and vegetables), which are replaced by frozen food due to the difficulties of survival.
For his part, the general secretary of FACUA, Rubén Sánchez, told EFE that the CPI data prove that Government measures to lower VAT are “absolutely insufficient” because “they are not being fulfilled” and “huge increases” in the cost of some foods were not cut. Facua verified “a very high percentage of products” in which increases were applied, despite the fact that prices “must be frozen”, according to Sánchez.
In his opinion, the Government must control non-compliance with the VAT reduction and apply sanctions, in addition to implementing new measures such as “intervention” to place limits on basic foodstuffs. Furthermore, given the cut in citizens’ purchasing power and the increases in variable mortgages due to the climb that the Euribor had maintained until the end of last week (which was interrupted by the crisis of the North American bank SVB), Sánchez demanded that the Government “intervene” in that market so that there were cuts in the Euribor differentials and “freeze” them so that increases cannot be applied from certain dates in 2022.
As reported by INE, the rise in annual inflation in February to 6% was significantly influenced by the increase in the cost of legumes, vegetables and meat, as well as the fact that fish and shellfish had reduced their prices. last year. In the second month of the year, milk (33.1%), eggs (28%) and cheese (21.4%) also rose strongly, although less than a year ago. Specifically, legumes and vegetables were 23.6% more expensive compared to the same month of the previous year, and fresh fruit also cost more (+5.6%), due to the occasional reduction in supply that has occurred both in Spain and in other EU countries due to more unfavorable weather conditions.