Imports are shrinking, domestic supply is limited, and high VAT rates are driving beef prices to new highs, raising concerns ahead of the Christmas season.
Around 75% of global cocoa comes from Ghana and Côte d’Ivoire, regions plagued by deforestation and child labor.
Several companies that had stayed on the sidelines are now joining the initiative, especially after seeing their competitors do so.
Development Minister Takis Theodorikakos announced that over 1,000 supermarket items will see price reductions, aiming to ease pressure on households
With inflation still weighing heavily, industry players and supermarket chains are making the final technical adjustments to launch the scheme around October 10, running through December 31.
Perhaps the gravest danger lies in the prospect of Greece being classified as a “mandatory vaccination country.”
Dairy farmers warn that a sheep pox outbreak could trigger price spikes, potentially raising milk and feta costs by up to 20% for consumers
In 2023, discounts under the scheme ranged between 5% and 15%. But given today’s market climate and ongoing company-led offers, observers say such reductions may not be repeated at the same scale.
Declining numbers of dairy farmers and cows are reducing fresh milk supplies, impacting yogurt, cheese, butter, and other products while production costs rise
Market insiders warn that beef prices could reach 20 euros per kilogram by the end of 2025.
A recent survey by Creta24 across online food delivery platforms shows that the price of a beloved pita gyro in Heraklion has now surpassed the 6 euros mark.
The research raises concerns for central banks as food price inflation complicates broader efforts to control rising consumer costs, especially in emerging economies where food makes up a larger share of household expenses
Sweets and beverages became more expensive due to soaring global cocoa and coffee prices, while cooler-than-usual weather in 2025 drove up fruit and vegetable costs.
The outlook in Thessaloniki is even more expensive, with some souvlaki priced at 4.70 euros.
“We’ve never seen a year like this since 2003,” said a cherry and peach farmer from Imathia, one of the main regions where cherries are produced
On the islands, where transportation and supply costs further inflate expenses, a single gyro can cost as much as 7 euros—placing it firmly out of reach for many locals.
Experts cite escalating labor costs, increased prices for agricultural supplies, and rising transportation expenses as contributing factors to the dramatic price hikes observed nationwide.
The rising cost of ice cream means that a simple indulgence for a couple—whether in the city or on an island—could now cost up to 12 euros.
As inflation and production costs continue to weigh on the market, Greek families may find this year's Easter table more expensive than in previous year
An updated list, which is expected to be announced next week, is close to the initial target of 600 items, with the goal being to soon surpass it.