Reduction in producer price for cow's milk but increase in retail prices in Greece

Published 2023년 10월 2일

Tridge summary

Greece has one of the highest prices for milk in the EU, despite falling producer prices and energy costs. A study by the Competition Commission shows that Greece is proportionally the most expensive country in the EU for milk, cheese, and eggs, with prices around 40% higher than the European average. This high inflation in food prices is primarily attributed to excessive corporate profits and the government is being questioned about measures to address this issue and protect households.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

When we had our memorandums, the lenders "forced" to abolish "fresh" cow's milk - to reduce, as they said - the price on the shelf. Fresh milk was removed to keep importers out of trouble (and get our children drinking highly pasteurized milk) but the retail price on the shelves remains high. In fact, Greece is currently among the three most expensive countries in the EU. The precision in food, which squeezes the budget of households, with the most characteristic example, the increases in the prices of milk, and the need to take additional measures to deal with it, is pointed out by the parliamentarian of Larissa of the ND, Mr. Maximos Harakopoulos, with his question to the minister Development Mr. Kostas Skrekas. The politician from Thessalon emphasizes that "although Greece records low levels of inflation in relation to the average European inflation, nevertheless, it is clear that there is intense pressure on food prices, with all that this entails for households. Among the ...
Source: Agrotypos

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.