Greek consumers are facing steep price hikes in their daily cup of coffee, with costs rising nearly 19% in the past year and futures hitting levels not seen in almost half a century. Experts warn the trend is unlikely to ease any time soon
In Greece, prices for Robusta coffee are up 49.7% and Arabica for up 35.9%, while businesses are teetering on the edge of sustainability.
Once seen as an affordable daily treat, coffee has become a rising expense for Greek households, with forecasts warning of further price hikes in cafés, supermarkets, and even at home
The Greek government is promoting the use of price-comparison tools as consumers face further food cost increases.
The price of Freddo espresso is estimated to reach 4.10 euros or 4.70 euros.