food industry

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Basic food costs and other staple products like bottled water, soft drinks, and fruit juices witnessed an increase of 13.8%, and fruits were up by 12.3%

In particular, after conducting thorough audits on 72 product codes, the market price watchdog discovered that the company was earning a higher gross profit margin on 50 product codes than what the relevant legislation allows

The revised guidelines, aimed at promoting healthier diets and enhancing consumer awareness, bring changes to labeling practices for honey, fruit juices and jams

Notably, self-sufficiency in key commodities like beef, pork, cow's milk, and butter remains notably low, ranging from 20% to 60%, underlining the vulnerability of the supply chain

Consumers in Greece are paying nearly five times more for essential food items than shoppers in other European countries, according to the latest Eurostat figures. Despite the Greek government imposing hefty fines on price gouging and placing a profit ceiling on certain items, supermarket prices continue to rise unabated, with producers and wholesalers citing surging […]

According to ELSTAT (Hellenic Statistical Authority), this reduction in the production cost of domestic industries can be attributed to a 9% decrease in the domestic market producer price index (with the food industry index increasing by 2.5%).