People on welfare benefits spend a larger share of their monthly budget on food than wage earners. Therefore, they are hit hard by high food prices. (Archive photo). Photo: Signe Goldmann/Ritzau Scanpix
Analysis: Welfare recipients regain purchasing power by 2029
The purchasing power of wage earners has returned to pre-inflation crisis levels, but those on welfare will only recover by 2029. According to a Rockwool Foundation analysis, food prices soared during the inflation crisis in 2021 and 2022, hitting low-income individuals hard. People on welfare...
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