A recent report from the General Secretariat of Trade has highlighted a striking trend: between…
Tag: food prices
Greece recorded a cheaper typical supermarket basket than several European countries, even as it faced…
Greek sheep farmers face ruin as a sheep pox outbreak has led to the culling of over 330,000 animals, with many still awaiting compensation. Milk deliveries to feta producers have dropped by up to 40% in key regions, threatening reduced production and higher prices for Greece’s iconic cheese in the coming months.
Greece has launched a campaign to reduce drowning deaths, with around 400 fatalities reported annually in its seas and pools. Partnering with Safe Water Sports, the initiative targets both tourists and residents, focusing on education and first aid training. Data shows 254 of last year’s 388 drownings involved people over 70, while drowning remains a leading cause of death for children under 14.
Inflation is making Greece’s iconic souvlaki a luxury, with prices climbing to 5 euros in some areas and up to 7 euros on the islands. Rising costs for meat, charcoal, electricity, and wages are driving the increase, pushing families toward home-cooked meals as a single gyro becomes unaffordable for many.
With Easter approaching, Greek shoppers face a 9% increase in the cost of their traditional Easter meal in 2025, driven by rising prices for lamb, eggs, and chocolate. At Varvakeios Market, lamb prices have climbed to €10–12 per kilogram, while the government’s “Easter basket” initiative aims to ease the burden with affordable supermarket products. A family of four can expect to spend €110–145, about €12 more than last year.
Over 15 years, food prices in Greece have risen 38.97%, trailing the EU’s 56.17% surge, yet sluggish income growth—14.79% versus the EU’s 46.29%—means Greek households feel the pinch more acutely, despite recent signs of recovery.
Greek households continue to face significant financial challenges despite a slight improvement in 2024, according to a survey by IME GSEVEE. The report highlights that 60% of households struggle to make ends meet each month, while 81.6% are unable to save. Rising costs for food and utilities remain a major concern, forcing many to cut back on other expenses. Public dissatisfaction with government policies is growing, with citizens calling for higher wages, stricter controls on profiteering, and lower taxes to ease the financial strain.
Greek shoppers caught a break this holiday season as the cost of traditional Christmas and New Year’s foods dipped. The “Christmas Basket” of festive staples tracked by IELKA cost 3% less in 2024 compared to 2023. While meats like turkey, pork, and lamb saw price decreases, chocolate prices rose due to increasing global cocoa costs.
Greece saw the second-lowest food inflation rate in the EU in November 2024, with prices rising by just 0.4% compared to the previous year. This marks the lowest increase since May 2021, reflecting a significant easing of financial pressures on households. While the general consumer price index rose by 3%, food prices dropped by 1.2% from October to November, second only to Malta’s decline.
Greece’s inflation rose to 3% in August, up from 2.7% in July, driven by sharp increases in energy and food prices, according to ELSTAT. Key contributors included a 28% spike in natural gas prices and a 49.1% surge in olive oil costs, alongside rising housing and healthcare expenses.
ATHENS FACES DINING PRICE SURGE, HITTING TOURISTS AND LOCALS ALIKE. Popular Greek dishes like souvlaki and moussaka are seeing significant price hikes, with some restaurants charging €21 per plate. This inflation is impacting both tourists’ budgets and locals’ daily lives, raising concerns for Greece’s crucial tourism industry
Tourists visiting Athens are expressing sticker shock at the high cost of even simple meals, with souvlaki in some establishments costing as much as €21. The rising cost of food and drink in Greece is impacting both locals and the vital tourism industry.
Turkish tourists are sharing videos showing how much cheaper food is on Greek islands compared to Turkey. One video features a €27 meal for two in Chios, highlighting Turkey’s food inflation crisis.
For the first time ever, supermarket prices in May 2024 have seen an annual decline,…
The Hellenic Statistical Authority (ELSTAT) released its latest data on Tuesday, revealing that inflation in…
Despite efforts to curb inflation through Development Minister Kostas Skrekas’s anti-inflation measures, Greece continues to…
The price increases in products and items we use every day are continuous. In fact,…
