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Supermarket Prices Show Decline in Greece for December 2024

A recent study by the Institute of Retail Research shows that supermarket product prices in Greece have decreased by an average of 0.94% in December 2024 compared to December 2023. The study highlights a stabilization in prices over the year 2024, with slight overall increases of 0.04% annually. The report notes significant price reductions in categories like cleaning products and pet food, while select items such as coffee and cocoa have seen price hikes due to climate conditions. Overall, 14 out of 23 examined categories experienced price decreases, reflecting broader market normalizations post-pandemic.

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