Greece at the mercy of accuracy – In the second worst place in Europe in food inflation

Greece at the mercy of accuracy – In the second worst place in Europe in food inflation
Greece at the mercy of accuracy – In the second worst place in Europe in food inflation
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The accuracy, the revaluations and in general the increased cost of living, make it unimaginably difficult for households and businesses to meet their tax obligations, with citizens seeing food inflation emptying their wallets.

According to the breakdown of the harmonized index of consumer prices published by Eurostat, Greece had the second highest food inflation among the Eurozone member countries in March.

Vise on fuel too – “Gold” unleaded petrol

The fuel situation is also dramatic, since another week ended with Greek drivers paying the third most expensive gasoline in Europe at 1.965/liter. Only in Denmark and the Netherlands is petrol more expensive.

Food inflation therefore stood at 5.4%, with Greece only behind Malta, where the relative index was 6.2%, and above Spain, where food inflation stood at 4.4% .

In contrast, in the Eurozone, food prices increased within a year at a much lower rate, by 1.7%.

According to the data of the Consumer Goods Retail Research Institute (IELKA), prices of goods really skyrocketed, with the measures of the Ministry of Development failing for the umpteenth time.

These are: 9.40% in soft drinks, 5.02% in nuts and snacks, 4.62% in ready meals, 4.57% in dry grocery foods, 4.31% in cookies, chocolates, sweets.

Indicatively, the biggest difference between Greece and Europe is recorded in olive oil, with the relative inflation being the second highest in our country, with 67.2%, which is the 2nd highest value since 2005, when the measurements in question began . Only in Spain was it higher, with 70%, while the Community average is at 51.5%.

Ominous are the estimates of the producers, who say that we will continue to have a crazy rate of increases in the coming months, since the reserves are almost exhausted. As for fruit inflation, it is also much higher than that of Europe.

In March we were in the worst position among all the member states, with the second worst a long way off. In particular, we had almost three times the price (12.5%) compared to Europe (4.9%), and in fact it was increased compared to February (12.2%).

Last year’s prices compared to last Friday’s, show the increases:

  • kiwis have increased by 23% (€1.3 – €1.6)
  • pears have increased by 25% (€1.2 – €1.5)
  • tangerines have increased by 16.7% (€1.2 – €1.4)
  • apples have increased from 7.5% to 22% depending on the variety
  • strawberries have increased by 200% (€1.5 – €3)

As far as vegetables are concerned, prices in Greece are increasing (4%), in the Eurozone they are decreasing (-4.3%). Only the Irish beat us with increases of 6.8%. Last year’s compared to this year’s prices:

  • 9% on carrots (€0.55 – €0.60)
  • 12% on green onions (€1.2 – €1.3)
  • 16.67% on cabbages (€0.3 – €0.35)
  • 11.1% – 14.5% in potatoes depending on the variety
  • 47% on imported garlic (€1.7 – €2.5)

As far as eggs are concerned, inflation in Greece is six times higher than in the Eurozone, 6.1% versus 0.1%, with our country being in the worst position in Europe. In the first quarter of 2024, inflation inexplicably accelerates in Greece and decelerates in the Eurozone. It is characteristic that in January Greece had 1.5% and the Eurozone 2%.

Our fish and seafood inflation is also high, with our country occupying, with 5.7%, the fourth worst position in Europe, behind Austria, Romania and Malta, with the average in the Eurozone be at 2.2%

Regarding the lamb and the goat, Greece had on 31/4 the 6th highest inflation, with 4.8% compared to 3.2% of the Eurozone.

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The article is in Greek

Tags: Greece mercy accuracy worst place Europe food inflation

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