Greek coffee prices have surged by 18.5% over the past year, reaching a 45-year high due to global supply issues, climate change, and domestic taxes. More hikes expected.
Tag: Greece inflation
Greece leads southern Europe in inflation, with households facing steep rises in housing, food, and energy costs. While wholesale electricity prices are falling, consumers have yet to feel relief, and forecasts for autumn remain bleak.
Rising inflation is curbing summer spending in Greece, with sluggish sales despite the discount season and half of Greeks unable to afford a vacation this year, prompting calls for urgent government action.
