15 Nov, 2022 @ 20:00
1 min read

Malagueños among the most squeezed in all of Spain by shocking jump in food prices

Supermarkets in Food shopping basket purchases drop by 9% over a year in Spain
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The cost of the weekly food shop is ripping through the purses and wallets of the people of Malaga at a rate unseen for over two decades, the latest figures from the National Institute of Statistics (INE) show.

A trip to the supermarket in the province of Malaga will now hit your bottom line by 17% more than it did a year ago as rampant inflation wracks the Spanish economy.

The stat is higher than the national average, at 15.8%, and puts Malagueños among the hardest stung by rising food prices.

Neighbouring Granada is one of only eight provinces that have suffered a steeper rise.

Sugar has seen a whopping 40% rise in price year-on-year in Andalucia, while eggs and fresh vegetables have risen 26%, oils 25% and milk 24%. Poultry, cereal, beef and potatoes have all risen by at least 19%.

And if you thought you can beat grocery inflation by eating out, think again: Restaurants and eateries are now 9.8% more expensive, whereas the national average rose by 7.1%.

On the flip side, as energy bills cause screams of anguish across Europe, the price of gas and electricity has dropped 6.9% in Malaga over the last year.

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Walter Finch

Walter Finch, who comes from a background in video and photography, is keen on reporting on and investigating organised crime, corruption and abuse of power. He is fascinated by the nexus between politics, business and law-breaking, as well as other wider trends that affect society.
Born in London but having lived in six countries, he is well-travelled and worldly. He studied Philosophy at the University of Birmingham and earned his diploma in journalism from London's renowned News Associates during the Covid era.
He got his first break in the business working on the Foreign News desk of the Daily Mail's online arm, where he also helped out on the video desk.
He then decided to escape the confines of London and returned to Spain in 2022, having previously lived in Barcelona for many years.
He took up up a reporter role with the Olive Press Newspaper and today he is based in La Linea de la Concepcion at the heart of a global chokepoint and crucial maritime hub, where he edits the Olive Press Gibraltar edition.
He is also the deputy news editor across all editions of the newspaper.

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