Fishmongers and farmers are forced to charge prices that even they see as astronomical. High fuel prices threaten to paralyze truckloads of goods. Bread prices are soaring. Inflation sped up by Russia's war in Ukraine is squeezing people across Europe.
Inflation is running especially hot in central and Eastern European countries nearest the battlefields of Ukraine. Prices in April rose 14.2% in the Czech Republic, 12.3% in Poland and 10.8% in Greece. They’re an eye-popping 61% in Turkey, which saw itsShop workers from Warsaw to Istanbul say customers are cutting back, buying lower-priced items, giving up on niceties like fresh-cut flowers and items they can delay, like new clothes.
On the Greek island of Rhodes, fish restaurant owner Paris Parasos gets up at dawn to go out on fishing trips to keep costs down. But he has still had toin the island’s main town as cooking oil prices quadrupled. Plus, cooking gas and electricity bills are three times higher. In Spain, truckers have gotten some relief on diesel prices thanks to government emergency measures, including a small rebate and permission to pass along higher fuel costs to customers.
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