From the second-hand “boom” to energy saving

by time news

The imminent rise in interest rates in Europe and the palpable rise in prices point to a long, cold winter. The CPI reached 10.2% in June, the highest level since 1985. Filling the car’s fuel tank costs 50% more than last year and the electricity bill exceeds 120 euros on average. The shopping basket is already suffering from rising food prices. Rising mortgages threaten to destabilize family budgets. It is estimated that the cost of living for an average family per year is at least 3,170 euros higher than in 2019, according to an estimate based on the INE survey of average household expenditure.

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