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GREEK NEWS

Inflation in Greece at 2%. Mystery why food prices remain high

Inflation rate in Greece was 2% in April compared to 2.4% in March, up from 3.1% in the same month last year, according to data released by Greek Statistics Authority ELSTAT on Friday.

However, within the past year there were significant further price increases in natural gas (29.9%), housing rents (10.8%), holiday packages (9.8%), health insurance premiums (7%), clothing and footwear (4.6%) and food products in general (2%).

Between April and March, price reductions were recorded in natural gas (12.6%) and electricity (8.4%) stand out, while prices increased in passenger transport by plane (19.3%) and housing rents (0.6%).

PS It’s still remains a mystery why one spends more and more for weekly purchases from supermarket. Especially prices for fresh vegetables and fruits have skyrocketed in May, with a kilo of fresh beans or peas or whatever is seasonal to be at around 6 euros, while cherries are sold at 18 (!) euros at the farmers’ markets.

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