How has the cost of living changed in France, Italy, Spain and Portugal?
Summary
People in France, Italy, Spain, and Portugal are protesting about the high cost of living, rising prices, and cuts to public services. Prices for everyday items like food and energy have increased by about 60 to 78 percent since 2000, but wages have mostly not kept up, making life harder for many, especially young people.Key Facts
- Protests started in France over crowded classrooms and teacher shortages but expanded to wider issues like cost of living and public service cuts.
- Demonstrations spread to countries including Albania, Belgium, Greece, Italy, Portugal, and Spain.
- Prices of daily goods and services rose by 59% in France, 68% in Italy, 78% in Spain, and 71% in Portugal since 2000.
- Inflation spiked in 2022 due to energy costs rising after Russia invaded Ukraine, with price increases around 8% in those countries.
- Real wages (wages adjusted for inflation) fell in Italy but rose slightly in Spain, France, and Portugal between 2000 and 2025.
- Many new jobs in Spain are seasonal and low paying, especially in tourism and services.
- Older workers often earn more than younger ones, reducing job opportunities and fair pay for young people.
- Housing costs have also increased, adding more pressure on everyday living expenses.
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