International reporting
In Greece, inflation continues to soar in a country hit by a decade of austerity
Audio 02:35
Greeks take part in a protest during a 24-hour strike over high prices and low wages in Athens, Greece April 6, 2022. REUTERS - COSTAS BALTAS
By: Joël Bronner Follow
1 min
In Greece, the surge in energy prices over one year contributed to causing average inflation of almost 9% compared to March 2021. Unheard of in nearly 30 years.
In a country where the minimum income is around 700 euros, many households are already struggling to cope with this rise in prices.
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+79% over one year for electricity, +68% for natural gas, an additional 29% at the pump for gasoil and diesel have been recorded since the beginning of the Russian invasion in Ukraine.
This general increase is hurting a country already badly shaken by a decade of financial crisis.
► To read also:
♦ Greece: general strike and demonstrations against the explosion in the cost of living
♦ Christine Lagarde facing the dilemma of inflation in the euro zone
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Greece
Economic crisis