Balearic consumers spend more on most food and drink products than the national average
Fish and seafood spending is about on a par with the national figure. | Jaume Morey
Palma27/12/2024 09:32
Mercasa is a Spanish Government public company for food distribution. Its annual report states that the average annual spend on food and drink per person in the Balearics is 1,988 euros, 15% more than the national average. Compared with a decade ago, food and drink in the Balearics are 30% more expensive than they were.
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JackyI think you will find that the average salaries in Madrid, Barcelona and the north of Spain are quite a lot higher than those in the Balearic Islands. Anyway, it’s a moot point as in January, all over Spain, the IVA tax on many food products is going to double, eg go back to what was being charged before the pandemic.
This is because there is more Money in Mallorca !