Tsipras Institute: 40% of Greeks don’t spend the month – Vrachnas electricity and supermarkets –

The accuracy, unaffordable for many households, and the cost of living occupied the research of Metron Analysis presented by Stratos Fanaras and Yiannis Balapanidis at the day of the Alexis Tsipras Institute on Tuesday afternoon (22/10).

The sample involved 1,007 respondents over the age of 17 and 75% of them expressed the opinion that the country is sliding in the wrong direction.

Impoverishment of farmers, workers and small and medium enterprises

Also 2/3 (67%) answered that their consumption possibilities have worsened and only 1/4 (25%) that they have remained stagnant. Just 8% said there had been an improvement.

This negative percentage increases according to the professional-social status of those who participated in the measurement. It is typical that 84% of farmers face a reduction in purchasing power, as well as 78% of both the working classes and the small and medium-sized ones.

Supermarket prices are unmanageable

As emerged from the Metron Analysis numbers, everyday expenses seem to weigh more heavily on the family coffers than fixed expenses – which are almost predetermined. 57% of respondents said that this is the biggest issue that makes everyday life difficult compared to 40% who believe that bills cause the main burden.

Out of a total of 57%, 77% consider that the daily supermarket is too much to too much for them. In other words, how will the fridge and cupboards be filled. 64% place transportation (gasoline) in second place in the ranking of daily expenses, while medical expenses follow with 60%.

Electrical is a big hurdle

Among the fixed monthly expenses, what is described as the main trouble for households is electricity, as 69% answered that it makes it difficult for them from very much to very much. Ahead of the 43% arising from telephone costs.

What does the Greek consumer want?

To manage monthly expenses and reverse the fraction, 57% of respondents appeared willing to limit their purchases of clothing items, 54% those corresponding to the supermarket, 53% to reduce heating-cooling consumption, 50% to splurge his personal entertainment and 47% holidays.

After all, 40% of the same people said that they run out of money before the end of the month, and 44% that they barely make it. So the fund is in any case a minus, with 66% of the working class not covering its expenses. To this question only 15% answered that they save some money, a little or more. And this 40% belongs to the upper class.

The government must intervene

In any case, 82% of these 1,007 people believe that government intervention is necessary in order to deal with inflation and only 16% believe in self-regulation of the market.

However, 74% are not satisfied with what has been done so far, judging that the country’s government could do anything from a lot to a lot. The second most invasive force is the European Union at 64%, followed by businesses with 57% and consumers themselves with a much smaller percentage.

However, 63% responded that the problem will not be addressed and, by extension, that inflation will continue its upward course. Of the rest, 23% believe that the situation will remain unchanged, while only 11% are optimistic about a price reduction.

“The Greek is 13% poorer”

Earlier, the proposal of the former finance minister, Giorgos Chouliarakis, had preceded it. In his speech, he mentioned, among other things, that the real per capita income of the Greek is currently 13% lower than it was in 2007. So he is 13% poorer.

He also said that calculations estimate that there will be no return for Greek incomes to pre-crisis levels before the start of the next decade.