SHOPPING

Supermarket prices up 2.75% in February
NEWS

Supermarket prices increased by 2.75% in February, down from 3% in the previous month, according to a report of prices in major retail chains by the Consumer Goods Retail Research Institute (IELKA).


Targeting card commissions
BANKING

Economy Minister Kostis Hatzidakis intends to raise the issue of fees for the use of credit or debit cards.

Skrekas declares reduced goods prices as ‘permanent’
ECONOMY

Speaking on the government’s decision to reduce inflated prices on certain supermarket goods on Friday, Development Minister Kostas Skrekas said that the measure will be permanent and that it tackles a decades-long malaise.



Skrekas promises price reductions from Friday
ECONOMY

“From Friday onward, when the package of measures we have taken to deal with soaring prices will be implemented in its entirety, we will see prices that are up to 15% lower in important product categories. Categories such as household cleaning products, personal hygiene products, baby diapers, but also a series of consumer goods that are essential in the life of households,” Development Minister Kostas Skrekas said on Tuesday, on public boradcaster ERT1.

Grocers see rise in value and decline in sales
ECONOMY

Supermarket executives expect the continuation of a decline in sales volume in the first half of 2024, reflecting the impact of price increases on demand, the Research Institute for Retail Consumer Goods said in a survey released on Tuesday.

Efood Market announces price reductions on basic goods
ECONOMY

Efood Market, the supermarket arm of online platform efood, is reducing prices on 1,200 products so that it can offer its customers a variety of options at affordable prices in the present climate or rising costs.



Habits of Greek consumers changing, GLAMI says
ECONOMY

A significant change was observed in the consumer behavior of Greek e-shoppers during 2023 compared to 2022, within the framework of the annual “Fashion (Re)search” review by the European fashion search platform GLAMI.