If there are different discount percentages for various categories of products, the range must be stated.
These discrepancies persist despite the lower purchasing power of Greek consumers relative to those in other eurozone countries.
Coffee prices are set to increase up to 20% in the near future, while chocolate prices will jump 30%
Insights from the Greek fuel market suggest that these prices may climb even further in the near future.
Petroleum trading company executives anticipate further price hikes as summer approaches, driven by increased fuel demand from heightened road travel.
However, despite this decline, the general index showed a positive trajectory, surging by 1.7% in January 2024 compared to December 2023
Escalating payroll costs and diners’ dwindling tolerance for higher checks are putting independent restaurants in a squeeze
However, amidst this price hike, data from the Athens and Argosaronic Hoteliers Association reveals a positive trend, with January 2024 closing with an average occupancy rate of 52.8%, up from 51.2% in 2023, indicating a 3.1% increase
Despite a three-month ban on offers, Aristotle Panteliadis, president of the Supermarket Association, said re-pricing for four out of five products remain in effect
Greece witnessed the second-highest price hike (+67%) compared to 2023, with Portugal taking the top spot (+69%) and Spain rounding off the top three most expensive countries in the EU
What is more, Greece is gearing up for price hikes, after the government's decision to introduce a new levy termed 'contribution for resilience to climate change'
While nearly 14 million people in the United Kingdom have already booked trips abroad in 2024, their peers in Greece appear to still cling to the notion of “last-minute” holidays. According to an American Express study in the UK, in fact, the average expenditure of a British holiday-maker per booking in 2024 has already reached […]
The average sought-after rental price for properties in Greece recorded an 8.8% uptick in the 4th quarter of 2023
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 […]
Despite the governments efforts which for some its not enough the high super market prices still burden consumers
Higher costs of living, especially 'biting' prices on supermarket shelves, has emerged as a priority for the Mitsotakis government to handle and deflect criticim
Inflation rates will remain above the ECB limit (2%), not only for 2024 but also for 2025, something that will continue to test the resilience of consumers, especially if new geopolitical challenges arise that might exacerbate the already precarious situation
The Hellenic Consumer Union has publicly shared five guidelines to ensure consumers do not fall victim to misleading "deals."
The forecast for the housing market in 2024 remains bleak, with no signs of improvement
Higher cost of fun is pushing some shoppers to take on debt to foot their holiday bills