The prices of groceries available on grocery store shelves are on the rise, according to data released by independent bodies and trade-savvy professionals. The rise in prices of manufactured goods, foodstuffs and raw materials has been happening daily since last September. With the beginning of the war in Ukraine, the phenomenon became more widespread, as […]
Tag: food basket
A new round of price increases in May: which products will reduce VAT
Georgios Pilidis, president of the Association of Small and Medium Supermarkets, noted that VAT cuts are expected on basic food products. A new round of price increases was announced by Mr. Pilidis, and this applies not only to those products, the supply of which “suffered” due to the situation in Ukraine, but also to others, […]
Prices hit a record … and on the wallet
According to ELSTAT, inflation jumped to 8.9% in March. The overall consumer price index, compared with February 2022, showed an increase of 2.7%. Soaring prices for electricity (79%), natural gas (68%) and fuel oil (58.5%) are shocking. An increase of 19.9% was recorded for products such as vegetable oil, and 13% for vegetables. Airfare increased […]