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Expensive food hits low-income earners twice over

Low-income earners suffer twice as much from the high food prices, even if they have now slowed down

(Bild: Tröster Andreas)

Drugstore goods have recently fallen in price by over 30 percent, but rice, butter and the like have exploded since 2019 and are now merely leveling off at a high level. There is therefore no relief for mini-income earners.

There can be no question of breathing a sigh of relief! As the "Krone" and the Salzburg Chamber of Labor have calculated, the price of many foods has recently leveled off. The so-called "small basket of goods" has even become a good seven percent cheaper compared to spring 2023.

Basic foodstuffs such as butter have become massively more expensive since 2019 - but people with lower incomes need them just like everyone else

(Bild: AMA)

For low-income earners and the unemployed, for example, who have to scrape together the euros to get enough to eat, the unfortunate situation has unfortunately not changed at all. While drugstore products have become 37.5% cheaper, food has remained almost the same price. Since 2019, some basic products such as rice, bread and butter have even increased in price by high double-digit percentages. Above average if you look at the consumer price index CPI, which has risen by 25.8 percent.

 "Households that rely on these cheap products have been hit particularly hard," explains AK Salzburg boss Peter Eder. Background: Cheaper own brands are generally excluded from promotional prices and special discounts on the market. However, there is no alternative to buying them for people on low incomes.