Taking to social media, local chef Sean Gravina highlighted the price hikes which have occurred from the year 2019 to the current year 2022.
Posting on his Instagram story, Gravina posted an image of a 2019 message, stating that salmon cost €9.00. He then shared another image indicating that salmon prices have spiked to €14.50.
In the first message, Gravina highlighted that smoked salmon cost €16.75, indicating that the price for smoked salmon has also significantly increased given the spike for normal salmon.
‘Gone are the days’ said Gravina. This comes various reports and other studies show that families are having to pay more for basic goods and products. A recent study by Caritas indicated that families of four are spending at least €100 more peer month on food.
The study shows that basic food prices jumped by 20% between July 2020, when the study was last carried out, and February 2022.
The study unveiled today used the same basket of goods used in its 2020 study, which was titled; ‘A Minimum Essential Budget for a Decent Living.’ Back in 2020, a family of four, two adults and two children, would spend €600 monthly, or a €7100 yearly, to live decently.
In less than two years later, the same family would have to spend €700 per month, or €8,400 annually, for the same products. A family of one adult and two kids would spend €430 monthly in 2020, going up to €526 in 2022.
Opposition Party leader Bernard Grech also called out for an urgent addressing of the rising cost of living. Addressing a meeting with the Chamber of Commerce, the opposition leader said that the cost of living is leaving many families struggling and that the government needs to address the situation to alleviate such poverty and suffering.
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