The persistent pressure of rising prices continues to weigh on both Greek consumers and the government, which, despite measures taken by the Development Ministry, is once again grappling with climbing food inflation as key staples see sharp increases.

Fresh data from the Retail Consumer Goods Research Institute (IELKA) shows notable price hikes in fresh meat, driven by rising international prices for imports—particularly beef—and by outbreaks of sheep pox in several parts of Greece. Between August 18 and 25, the EU producer price of beef from young male cattle rose 34.1% compared to 2024 and 21.6% since the start of 2025. Global prices of cocoa and coffee have also jumped due to weather-related supply disruptions, pushing up costs in sweets, breakfast items, and beverages.

According to IELKA, in August 2025, retail prices increased 11.3% for fresh meat, 9% for biscuits, chocolates, and confectionery, 5.7% for fresh fish and seafood, 5.6% for breakfast goods and drinks, and 5.3% for frozen products.

The ministry remains on alert in an effort to contain food inflation, having managed to stabilize prices in some categories earlier this year. Development Minister Takis Theodorikakos recently met with supermarket representatives and signaled new measures in the pipeline. Among the options under discussion is the reintroduction of a voluntary 5% discount on selected supermarket items, potentially covering 1,000 basic products—an initiative that major retail chains are reportedly viewing positively.