Greece Faces Rising Prices, Economists Warn of Negative Economic Trend
Athens, July 1, 2025 – Greece is experiencing a critically important increase in prices, impacting both residents and tourists, according to recent data and analysis. While overall inflation has seen some fluctuation,specific sectors are reporting substantial year-over-year increases,raising concerns about the health of the Greek economy.
Inflation Overview:
Eurostat data released in March indicated a harmonized inflation rate of 3% in Greece for February, a slight decrease from January’s 3.1% [[1]]. However, more recent figures suggest a more complex picture.Data from May 2025 reveals greece is leading the EU in price hikes across key sectors like electricity and rent [[3]]. While Eurostat provides broader statistical overviews [[2]], the on-the-ground reality points to a more pronounced increase in consumer costs.
Specific Price Increases:
Establishments in Greece are reporting prices at least 7% higher than last year. A typical Greek salad, which cost around €9 last year, now ranges from €9 to €12, with a common price of €10. A beach frappe has increased from €4 to €5, while a beach burger now costs around €9 and a hot dog €5. Pizza Margarita is priced at €10, and fresh orange juice at €5.
Restaurant prices are also climbing. Traditional moussaka costs between €11-12, spaghetti dishes range from €10-13, and squid can reach up to €16 (though some restaurants offer portions for around €13).
Economic Concerns:
Economists are confirming a negative trend in the Greek economy, which is squeezing family budgets and potentially deterring foreign visitors. The rising costs are impacting everyday expenses for locals and adding to the overall cost of a vacation for tourists.[CTA: stay informed on the evolving economic landscape of Greece with world-today-news.com. Subscribe to our newsletter for the latest updates and in-depth analysis.]
