Inflation-plagued Greece launches "household basket" of low-priced basic goods-Xinhua

Inflation-plagued Greece launches "household basket" of low-priced basic goods

Source: Xinhua

Editor: huaxia

2022-11-02 22:30:15

A man works at a market in Athens, Greece, on July 8, 2022. (Xinhua/Marios Lolos)

Under an agreement with the government, Greece's major supermarket chains will offer at least 51 essential goods at low prices to meet the citizens' daily needs.

ATHENS, Nov. 2 (Xinhua) -- Greece launched on Wednesday a "household basket" of lower-priced staple goods to cushion the impact of inflation on its citizens in recent months.

Under an agreement with the government, Greece's major supermarket chains will offer at least 51 essential goods at low prices to meet the citizens' daily needs.

The "household basket," which will be updated on weekly basis, includes everything from bread, flour, eggs, meat, fish, spaghetti, beverages, dairy products, toilet paper and baby formulas to pet food, Greek national news agency AMNA reported.

A customer buys fish at a market in Athens, Greece, on July 8, 2022. (Xinhua/Marios Lolos)

The prices of the products included in the basket would be lower than those off the list, Development and Investments Minister Adonis Georgiadis told Greek national broadcaster ERT during a tour to supermarkets on Wednesday.

Consumers would be able to browse these products and their prices at each supermarket on the ministry's website, and easily identify them on supermarket shelves by the special mark they carry, he said.

Greece's annual inflation hit 12 percent in September, fueled by skyrocketing energy costs which have resulted in price hikes in many products, according to the Hellenic Statistical Authority (ELSTAT).

Fuel prices are displayed at a gas station in Athens, Greece, on June 21, 2022. (Xinhua/Marios Lolos)

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