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Tuesday
02
Jun 2026
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Athens 25°C

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PPC: Stable prices in June despite the uncertainty of the international markets

At 13.8 cents for the green kilowatt-hour, at 14.5 cents for the blue fixed tariffs

Housing price slowdown after 8 years of increases

A normalization phase is beginning, as land prices fell by 1.7%, the pace of house price increases is slowing, and rents are decreasing in some areas - While demand remains high, up 12% compared to last year

ELSTAT: Inflation rose to 5.4% in April

Jump in diesel (+32.4% year-on-year), petrol (+17.1%) and other fuels (+42.4%)

Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall

Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon

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