Staple foods currently on a 4% tax rate would be VAT exempt and oil and pasta taxed at 10% would be downgraded to a 5% for the first six months of 2023. The government also grants a single aid of 200 euros to buy food for low income families.
Food inflation was 15.7% in November
Overall inflation moderated to 6.8% in November, which means that the year-on-year rate is no longer as high as it was in the summer, above 10%. However, food prices rose by 15.7%, only one tenth of a percentage point less than in October Only in Germany food is more expensive than in Spain | Nieuwsbericht | Agroberichten Buitenland
Oil (+55.9%), sugar (+50.2%), flour (+37.6%), butter (+37.5%), skimmed milk (+31%) and whole milk (30.9%) have risen the most since last year. Other staple foods have also become more expensive: eggs are 27.1% more expensive; olive oil, 25.9%; yoghurt, 25.6%; potatoes, 20.5%; cheese, 20.3%; chicken, 16.6%.