Saturday April 19, 2014 Search
Weather | Athens
17o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Christmas dinner will be a little cheaper than in 2012

This year the average Christmas dinner will cost Greeks 2.51 percent less than last year, according to a survey by the Commerce and Services Institute of the National Confederation of Hellenic Commerce (ESEE).

Conducted between December 13 and 18, the survey found that the Christmas spread will set households back 147.75 euros on average, compared with 151.56 euros a year earlier and 158.93 euros in 2011.

That small reduction of 3.81 euros from December 2012 reflects the stability in meat prices, after a price sample from the central meat market of Athens found that Greek lamb has remained unchanged at 7 euros per kilogram. However, there has been a rise in the prices of both pork (up 5.41 percent) and of turkey (11.11 percent). Christmas sweets, on the other hand, such as melomakarona and kourambiedes, have dropped 11 percent from last year on average.

Fruit and vegetables presented a mixed picture, with the price of cabbage sliding 29 percent from last year, and potatoes and tomatoes falling 6 and 3 percent respectively, while apples have gone up by 24.55 percent and lettuce has climbed 15.8 percent. The price of feta cheese has declined by 13.93 percent.

ESEE argues that turnover over the festive season has declined by nearly 70 percent since the start of the recession. In 2008 turnover during the Christmas period amounted to 21.9 billion euros, and this year it is expected to drop to just 6.8 billion euros, posting a fresh decline of more than 10 percent from 2012.

“The reduced consumer spending once again reflected the long-term decline in turnover this Christmas period, as the loss in sales at commercial stores is expected to amount to 10.5 percent from the same period last year. In absolute figures, retail stores’ turnover this December is estimated at 6.8 billion euros, down 0.8 billion from 2012,” stated ESEE. Last year turnover during the festive period amounted to 7.6 billion euros.

The Christmas and New Year’s turnover forms a key part of the annual sales volume in retail commerce and for many enterprises it is their chance for a last-minute reprieve. A further decline in festive sales would entail a new wave of store closures immediately after the holidays, as has been the case in recent years.

ekathimerini.com , Friday December 20, 2013 (22:25)  
Eurobank share offering on April 25-29
PPC to issue corporate bond of 500 mln
Primary surplus continued by end-March
Eurobank eyes top Core Tier 1 level in Greece
Greek Christians mark rare Good Friday in north Cyprus
Hundreds of Greek Orthodox pilgrims, some coming home after 40 years of forced exile, commemorated the crucifixion of Jesus in a rare Good Friday service in northern Cyprus. Held in this med...
Greece offers to help find Turkish F-16 lost in 1996
Greece officially offered on Thursday to assist Turkey in its efforts to locate and salvage a Turkish Air Force fighter jet which crashed in the Aegean almost 20 years ago. Greek Defense Min...
Inside News
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greece startup leaders say they can’t break jobless cycle alone
4. Ground-breaking Good Friday mass signals thaw in Cyprus
5. Mayoral candidates clash over Athens mosque plans
6. Seven arrested over Toumba violence
Today
This Week
1. Greece's market return mirrors return of tourists
2. Samaras sees no need for third bailout
3. Parties start announcing candidates for European Parliament elections
4. Greece startup leaders say they can’t break jobless cycle alone
5. Germany signals easing on euro area before Merkel’s Greek trip
6. IMF's Thomsen says Greece not fully financed to 2016
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.