Category: consumer goods

Beef prices may rise further due to shrinking supply and steady demand, despite a slight recent dip in futures.

The Greek government assures no price hikes for school supplies in 2025, with expectations of slight decreases in some categories.

The Greek government is preparing a new set of interventions to tackle inflation, particularly focusing on rising food prices that are heavily contributing to the cost-of-living crisis. The Ministry of Development is working on measures aimed at preventing further price hikes on supermarket shelves. Minister of Development Takis Theodorikakos stated, “We are continuing our efforts…

As of today (July 1, 2025), the price cap on basic goods and fuels imposed back in December 2021 to curb inflation during the post-Covid19 energy crisis no longer applies. This marks a return to a more ‘clean’ free-market model where businesses can now set their profit margins without administrative restrictions. According to Apostolos Petalas,…

According to the Deputy Minister of Trade and Consumer Protection, Sotiris Anagnostopoulos, speaking on ertnews, fuel prices in Greece may increase by two to three cents per liter if the price of Brent oil rises by 10% since the start of the military conflict. The official also addressed unjustified price hikes in fuels, emphasizing that…

Although the government may have ruled out any reduction in VAT for the foreseeable future (at least until 2027), it seems this stance does not apply to other indirect taxes, specifically special consumption taxes (SCT). According to reliable sources at newsit.gr, officials at the Ministry of Finance are studying a strategy to adjust SCT rates…

Just over a month remains until the summer sales begin, with consumers eagerly awaiting this period to make their purchases for their summer vacations. The summer sales offer significantly lower prices on clothing, electronics, household appliances, and many more products. The summer sales are expected to take place from the second Monday in July (starting…

The Regulatory Authority for Energy (RAAEY) is proceeding with the standardization of rules in the retail sector, following the same formula applied to electricity tariffs. As explained by Deputy Chairman Dimitris Fourlaries, the new regulatory framework is now under consultation, lasting a month before being implemented in the market. Notably, gas tariffs are divided into…

The Ministry of Development has announced that the measures related to the Household Basket will be extended until October 31. This includes the prohibition of discounts for three months after an auction, mandatory announcements of price list increases by supermarkets, and the announcement of fruit and vegetable prices. The relevant legislative regulation for the extension…