Consumers are cutting back on necessities amid record-high Eurozone inflation Seven out of 10 consumers in Greece have been forced to cut down on spending on food and other essentials, according to market research data published this week. Nearly half of the respondents said they had reduced their purchases in supermarkets by “a lot” and “enough,” and 25% said they now buy “a little” less, AMNA state news agency reported, citing figures from market research company Netrino. “For the first time we are seeing such a large-scale [shopping] decline in supermarkets. There is a huge decline in consumer purchases for bas
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