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Oct 2026
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New food price surge threatens Greece as Black Sea disruption drives up costs – What to expect in 2027

Wheat prices have risen by more than 30% since the start of 2026, while freight costs are soaring on key shipping routes. Supply chain disruption and harvest uncertainty are raising concerns over further food price increases

Greek government launches price reduction initiative covering 1,740 products

The scheme, which runs until December, covers 875 branded codes, 405 school items, 360 private label products and 100 meat codes, with branded discounts reaching 44 percent once supermarket reductions are added at some chains

Government and supermarkets agree voluntary plan to cut grocery prices from 31 August

Retailers and suppliers now have 10 to 15 days to turn Wednesday's framework agreement into a working plan, deciding which products qualify, how deep the discounts will go, and how they will be flagged on shelves. The scheme comes as food inflation holds at 2.7%

Prices on basic goods frozen for two months, further de-escalation expected from September

The profit-margin cap expires on June 30, while reductions on around 2,000 product codes will remain in place throughout the summer and new interventions on basic goods are expected from early September

Greek supermarket basket remains cheapest, but Greece has the second-highest VAT rate in Europe

VAT remains a major factor in cross-country price comparisons, with Greece taxing many food products more heavily than most of the 10 markets examined

Time Out: The 20 Best Food Cities in the world – Where Athens ranked

At the top of the list was Lima, the capital of Peru. Athens ranked ninth, combining historic tavernas that have been operating for decades with modern gastrotavernas and fine-dining restaurants, according to Time Out

Contaminated food causes 1.5 million deaths a year, children under five the most affected

Nearly 866 million people fall ill every year from unsafe food, while Africa and Southeast Asia bear the greatest burden of the crisis

Scientists grew chickpeas in simulated lunar soil

The study represents a major leap in understanding how food could be produced on the lunar surface

The secrets of Tsiknopempti BBQ for perfect grilling of every meat

Are you ready?

Greek raisin: The raw material that has nourished generations seeks its place in the world again

With a centuries-old history, high nutritional value and global demand, Greek raisins remain a product of identity, family continuity and untapped potential for the future.

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