In many souvlaki shops across Athens, the price of a wrap has already surpassed 5 euros. In popular tourist destinations such as Santorini, it can soar to as much as 7 euros.
Arabica hits two-week high as Middle East tensions, rising fuel costs, and weather risks in Brazil tighten global supply
Higher prices, rather than increased consumption, supported this year’s Easter market turnover, as shoppers adjusted habits, compared deals more carefully, and purchased fewer goods overall
After a stable Easter season, rising energy costs and Middle East tensions push Greek supermarkets and suppliers toward unavoidable price increases, as regulators prepare tighter scrutiny
PepsiCo's snack division went from a "golden goose" to a major headache. Price cuts have now arrived, but may they have come too late?
With lamb prices set to peak ahead of Orthodox Easter, Prime Minister Kyriakos Mitsotakis is set to convene his economic team Monday — a meeting seen as much about managing political optics as market stability.
Rising energy costs, livestock shortages and supply disruptions are driving sharp increases in food prices ahead of the holiday season.
The first shortages are already emerging in certain packaging materials, while some production units are facing disruptions as they struggle to secure essential raw materials.
Staple fasting foods such as seafood, legumes, and canned goods are seeing sharp increases, putting additional pressure on household budgets ahead of the Lenten season.
In terms of Actual Individual Consumption adjusted for purchasing power standards, Greece stands at roughly 70–75% of the EU average.
The government has announced the roll-out of a new platform as a successor to e-katanalotis to inform consumers of prices and trends amongst rising prices in everyday goods.
New data show food inflation running well above the national average, with sharp increases in staples like meat, fruit, coffee, and chocolate, raising concerns about how prices and inflation will evolve in the months ahead.
New Eurostat inflation data show that everyday staples in Greece, ranging from meat and milk to fruit and yogurt, are becoming more expensive far more quickly than across the rest of the European Union, putting growing pressure on household budgets
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