ECONOMY

Vegetable producer prices, at record high, stoke inflation fears

Vegetable producer prices, at record high, stoke inflation fears

Producer prices in vegetables rose 34.1% in June to their (relative) highest level in 23 years, statistics authority ELSTAT says.

And vegetables may be leading the way but meat and dairy prices have also increased considerably, fueling fears of a further inflation spike.

This has led the government to decide to continue its Market Pass subsidy to October, with a further extension to the end of the year being mulled, depending on the available fiscal space. 

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.