Shoppers in Greece will have to dig deeper into their pockets for the Christmas feast this year as the prices for food and traditional holiday staples continue to climb, according to the Institute of Commerce and Services (INEMY) of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE)

The cost of a traditional Christmas dinner for six people is estimated to range between 111.97 euros and 160.03 euros, marking an increase of up to 7.1% compared to 2024. At the same time, persistent inflation has forced one in two consumers in Greece to set a strict budget for Christmas shopping.

INEMY analyzed prices across major supermarkets, butcher shops, bakeries, pastry stores, and Athens’ central Varvakeios Market. Meat prices recorded the steepest increases, with lamb up 18.2% and beef rising 16.7% year-on-year. The price of turkey increased by 11%, further driving up the cost of this year’s festive meals. Meanwhile, prices for beer, wine, and traditional Christmas sweets saw more modest rises compared with 2024.

Inflationary pressures have driven up expenses for food and housing, placing a significant strain on Greek households. At the same time, businesses continue to grapple with rising costs for raw materials, imports, and utilities.

According to the Piraeus Chamber of Commerce and Industry, nine out of 10 consumers are expected to spend between 100 and 500 euros this holiday season. Of those purchases, 40% will go toward clothing and footwear, 30% toward toys and technology, and 20% towards gifts.

A separate survey conducted by Klarna in collaboration with Appinio found that nine out of 10 consumers in Greece say they are affected by the rising cost of living. Of those polled, half plan to seek cheaper products this year, four in 10 will cut back on overall spending, three in 10 will actively look for discounts, and two in 10 intend to purchase lower-cost gifts for friends and family.