End of Price Cap: What Changes for Fuel Prices – Which Food Categories Stay Stable and Where Prices Rise

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, General Director of the Supermarkets Union, while the price cap aimed to control unfair pricing, it ultimately created more problems than it solved. He spoke with ERTE News about how prices remain stable for 60 products but are rising in three key categories: chocolate and sugar products due to cocoa shortages, seasonal fresh fruits with some sharp increases, and veal meat influenced by export demands from the Netherlands and Switzerland amid declining livestock numbers due to green transition policies. Despite this, Greece maintains one of the lowest inflation rates compared to the EU average. Meanwhile, the former president of the Panhellenic Federation of Gas Station Owners, George Asmatoglou, assured that gas stations will offer lower prices following the end of the cap, except in island regions where higher fuel prices were purchased earlier.