Greece’s retail sector has weathered successive crises, but a Eurobank study shows that much of the rise in sales value since 2019 has come from higher prices, while consumers have also shifted where and what they buy
The biggest price increases were in housing, fuel, transportation, rent, and dining out, keeping inflation a persistent problem for household budgets
Greek households also hold the most pessimistic growth outlook in the eurozone, expecting economic contraction of 5.4 percent over
Greece's government struck a deal with refineries to cut unleaded and diesel prices by 10 and 5 cents per liter until the end of August
A new survey shows that more than eight in 10 people remain concerned about the rising cost of living, with food prices topping the list of financial pressures and many scaling back summer holiday plans
Investment and strong public finances keep Greece ahead of the eurozone, even as a Middle East energy shock and stubborn structural weaknesses cloud the outlook for households and businesses
The Bank of Greece expects consumer prices to accelerate to 3.8% next year, driven by energy, tourism and stubborn services costs, before easing gradually toward 2028
The Hellenic Fiscal Council's spring report trims 2026 growth to 1.9% and raises its inflation forecast to 3.2%, citing energy costs, weaker exports and the winding down of EU recovery money as drags on household spending power
Eurostat's preliminary June data show inflation easing across Greece and the eurozone
The central bank's Monetary Policy Report 2026 forecasts steady growth and gradually easing inflation through 2028, with stronger gains possible should a durable Middle East truce push energy prices lower.
Greece's inflation stood at 4.9% in May, well above the EU average of 3.3% and the Eurozone rate of 3.2%, highlighting stronger price pressures.
The Athens Bakers' Guild is urging members to join a protest on Wednesday, June 17, at 7 p.m., gathering at Monastiraki Square
Greece is heading into the summer season with the strongest inflationary pressures seen in three years
The Paris-based organization points to the energy price shock from the Middle East conflict, warning that Greece's heavy reliance on imported fossil fuels leaves its economy exposed just as Recovery Fund investment begins to wind down.
Eurostat data puts Greece well above the eurozone average, with energy costs and services driving prices higher across the bloc ahead of a closely watched ECB decision next week.
A new ECB study finds that households scarred by repeated economic crises react more intensely to each new geopolitical shock -- and Greece is the starkest example of this pattern
New products, smaller packages and value meals are being rolled out to attract inflation-weary customers
With household costs rising sharply and inlfation surging partly because of the Iran conflict, Athens is weighing a package of fuel subsidies worth up to 200 million euros, to be announced before the end of next week.
Overall supermarket sales rose and online purchases jumped, but purchases connected with promotions fell
Eurostat data put Greece's annual inflation rate at 4.6% in April 2026, well above the EU average, as fuel, energy, and transport costs post sharp year-on-year increases.