Household purchasing power, inflation, and unfair practices

18 July 2023

Inflation in Europe has taken a concerning turn as food prices have become the main contributor to price rises, impacting European households’ access to affordable and healthy food. Despite food commodities trading around pre-crisis levels, the persistence of food inflation – due to increases at production and distribution level that are being transferred to consumers – poses a significant challenge. In the position paper “Household purchasing power, inflation, and unfair practices,” SAFE is urging European institutions to implement comprehensive measures to protect consumers and prevent long-term socioeconomic consequences.