Food Prices in Greece Increase Less Than EU Average Over 15 Years
Food prices in Greece have risen by 38.97% over the past 15 years, significantly lower than the 56.17% increase in the European Union, according to a recent survey by the Consumer Retail Research Institute (IELKA), CE Report quotes Athens-Macedonian
The study, based on Eurostat data, found that Greece's average annual price increase was 2.59%, compared to 3.74% across the EU. The most significant price hikes occurred from 2021 onwards, with Greece experiencing a 28.50% increase between 2021 and 2024, while the EU saw a 28.94% rise.
In contrast, during the 2010-2020 period, Greece’s prices remained stable, with much lower increases compared to the EU.
