food inflation

The price gap between production and supermarket shelves in Greece remains significant. Meanwhile, heating oil is cheaper than last year but pricier than a month ago.

Overall inflation stood at 2.6% in December and averaged 2.7% for the entirety of 2024.

The average Greek throws away approximately 190 kg of food annually

According to the results of the survey, the average price of a 500-gram loaf of fresh white bread is 48% percent lower than the average Eurozone price

The cost of half a kilo of fresh bread in Greece is the second lowest in Europe and 48% lower than the European average, standing at €1.21.

Olive oil, a cooking staple in the country, recorded a whopping price hike of 49.1%

Kyriakos Mitsotakis chaired a cabinet meeting on Wednesday morning in Athens

Food inflation in Greece is comparable to the EU27 average, while Greek wages, in terms of purchasing power, are only higher than those in Bulgaria