The Nationalist Party (PN) has raised concerns about the alarming rise in the cost of basic groceries in Malta, warning that the price of essential items has skyrocketed by a staggering 37.2% in less than five years. This significant increase has put a considerable strain on households, particularly those on low incomes, who are struggling to make ends meet as the cost of living continues to escalate.
The PN’s warning highlights the urgent need for the government to address the issue of rising grocery prices, which are having a disproportionate impact on vulnerable members of society. The party’s concerns are backed by data, which shows that the prices of basic items such as food, toiletries, and household essentials have increased dramatically since 2019. This surge in prices has resulted in a significant decrease in the purchasing power of Maltese consumers, leaving many families struggling to afford the basic necessities.
The PN is calling on the government to take immediate action to mitigate the effects of rising grocery prices on low-income households. The party is advocating for a comprehensive review of the country’s economic policies, with a focus on reducing the burden of taxation on essential items and promoting fair competition in the retail sector. By addressing the root causes of rising grocery prices, the PN believes that the government can help alleviate the financial pressures faced by many Maltese families and ensure that everyone has access to affordable basic necessities.
As the cost of living continues to rise, the PN’s warning serves as a timely reminder of the need for policymakers to prioritize the welfare of low-income households and vulnerable members of society. By working together to address the issue of rising grocery prices, Malta can ensure that everyone has access to affordable basic necessities and that no one is left behind in the country’s economic growth.
