By Tasos Dasopoulos The economic staff is now focusing its attention on the price level and mainly on its effect on incomes, the real economy and the GDP, for the planning of the new package of business and household support measures which will be announced next month. The normalizing trend in the harmonized index of […]
Tag: Prices
Fall in prices of basic agricultural products up to 43%
Wholesale prices for basic agricultural products are falling, according to data provided by the Athens Central Market. These are primary consumption products on the table of both households and restaurants and hotels throughout the country, such as lettuce, tomatoes, lemons, etc. More specifically, the price of lettuces has fallen by up to 43%, as according […]
Because the ‘beast’ of inflation will be out of control for years – and it will change our lives
By Allison Schrager We have awakened the beast and now we may have to learn to live with it. After more than 20 years of low, steady inflation, it’s rebounding—to over 9%—and may never return to pre-pandemic levels. We’ve already lost the advantages of our once economy: the low interest rates and wage increases that […]
Olaf Solz: We have to stick together, prices won’t drop anytime soon
In difficult times, we must stay united, Chancellor Olaf Scholz stressed, and ruled out the possibility of Germany taking an independent path from its partners in the Ukraine war. He also warned of maintaining high energy prices “for a long time”. “It will not be easy. Prices will not fall soon – on the contrary, […]
Marketing and inflation determine the packaging of products
Companies are increasingly focusing on product packaging, mainly in the food and beverage industries, in order to gain consumer preference. Following new global consumer trends, they change the packaging of their products in an effort to improve their image through modern, ecological, interactive, enjoyable, smart, practical and various other packaging. The changes are many and […]
Signs of continued inflation
By Tasos Dasopoulos Continuation of the upward trend of inflation is predicted by three precursor indicators that reflect the fluctuation in the imported raw materials and fuels, the prices of domestic industrial products and the prices of primary production products, from the field and the livestock units. The most up-to-date, which includes April data, is […]
Inflation soars in May
Tassos Dasopoulou Double-digit growth, more than 10.2% in April, is expected to record inflation for May, but it will reach its peak, since from June onwards, the consumer price index – but not necessarily the prices – will begin to show signs of stabilization. In terms of European inflation, Greece is expected in May to […]
April inflation from food and electricity is in double digits
By Tasos Dasopoulos April and May will be a two-month fire for inflation, with the rate of price increase peaking before it starts to de-escalate from June, when the 3.2 billion euro intervention in the electricity tariffs announced on Thursday will begin. Prime Minister. Regarding April in particular, the harbinger of a new rise in […]
The products with the largest increases on the shelf
By George Lampiris The biggest increases were recorded in supermarkets of personal care and hygiene products for the whole of 2021, according to data from the measurement company, IRI. In fact, it is characteristic that the percentage of price increases in the products of this category amounted to 5% during the last year. It was […]
Energy crisis: Elevator prices, in vertigo consumers
By Harry Floudopoulos The stock market is reminiscent of the energy market, which is still in the vortex of the energy crisis. The difference is that these fluctuations do not concern some investment portfolios that knowingly take on investment risk, but the economy as a whole, businesses and consumers, who are required to pay unprecedented […]