Have minimum wages kept up with food prices in Europe?
20 Articles
20 Articles
The prices of non-alcoholic food and drink rose by 53% in Romania between August 2021 and August 2026, according to Eurostat data presented in a Euronews Business analysis. Although the costs were among the highest in the EU, the gross minimum wage rose faster than food prices, shows the comparison made in 26 European countries.
In most European countries, food prices have risen sharply over the past five years. But how have minimum wages increased over this period?
Although food has become significantly more expensive in Latvia over the past five years, the minimum wage has grown even faster. As a result, it is now possible to buy slightly more food with the minimum wage than in 2021.
After five years of shopping in the chain, Romania has come third in the EU to increase food prices, with an advance of 53% between August 2021 and August 2026. Eurostat data, analysed by Euronews Business, shows that only Hungary and Bulgaria had higher increases, while the European average stopped [...]
How have food prices and minimum wages evolved in Europe in the last five years? A comparative analysis carried out in 26 countries shows important differences, and Romania is among the countries where the costs were among the highest. Strong food discounts in Europe Euronews Business compares food prices increases and changes in the minimum wage [...] Article Romania, close to the top of the European food price ranking appears first in the PS N…
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