The Premier made statement during a visit an an open vegetable market
In the eurozone, the consumer price index (CPI) dropped to 2.4%, while the average EU settled at 2.6%
Greek households appear more pessimistic over the course of inflation in the coming 12-month period, compared with households in the rest of the Eurozone. The average expectations for inflation in Greece over the next 12 months remained stable at 10% in February 2024, while falling slightly in the Eurozone at 3.1%. The sentiments were found […]
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Lithuania (0.3%), Finland (0.7%), and Latvia (1%) recorded the lowest inflation in March, with Croatia (4.9%), Austria (4.2%) and Estonia (4.1) witnessing the highest rates
The inflationary pressure on food continues to mount, with a significant uptick of 6.7%. Notably, olive oil saw a staggering 63.4% surge, while fruit prices spiked by 12.3%
The Eurozone average dropped to 2.6%, according to the preliminary estimates by Eurostat
The PM outlined a series of priorities over the coming months which included tackling inflation, supporting agricultural products, and enhancing public health.
Special analysis for 2022-23 cites the consequences of price appreciation in housing, energy and food
The statistics authority cited a decline in energy prices, especially a 60.2%-decrease in natural gas prices.
According to market sources those who adjusted their prices before Jan. 10, 2024, are considered the "lucky ones," as they will not be subjected to the three-month ban on promotions
Despite the overall trend, Greece faces persistent challenges with rising food prices, as the food, alcohol and tobacco index totaled 7.1% during the month, on an annual basis, slightly lower than 7.6% in Dec 2023
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The PM also alluded to the exceptional year for Greek airports in 2023, following a record-breaking all-time high in passenger traffic - 72.6 million passengers compared to the previous historical "high" of 64.16 million in 2019
Across the European Union, annual inflation reached 3.4% in December 2023, rising from 3.1% in November marking a significant decrease from the 10.4% recorded one year earlier
The Greek economy is facing 8 chronic "ailments" fuelling inflation which can be distilled to a mix of Greed for profits by businesses “Greedflation”, dependence on domestic production and consumption on imports, the pandemic, the energy and climate crisis, along with low wages
According to the Numbeo online platform, a liter of milk in Amsterdam costs 1.18 euros, while in Athens, it is 1.63 euros
This data confirms recent figures released by the European Statistical Authority (Eurostat), according to which inflation saw a spike in both Greece and the Eurozone as a whole in December
The PM chaired a cabinet meeting on Wedensday where he presented a series of measures to control profiteering