A wave of inflation Greece, Europe and much of the world, in the wake of the pandemic and the Russian invasion of Ukraine, has made one iconic food item, the beloved pizza, a pricier fare.
According to Eurostat figures for 2023, a European citizen now pays more to buy a pizza than even a year and two years ago.
Specifically, the average price of a specific size of pizza jumped by 5.9% in Europe in December 2023, compared with the corresponding month of 2022.
The rate of increase in Greece for the same period was 3.9%, on an annual basis.
The increase between December 2022 and December 2021 was even more pronounced, 15.2%.
The biggest hike, yoy, was recorded in non-Eurozone member Hungary (13.4%), followed by Luxembourg (11.3%) and Latvia (10.6%).
Conversely, pizza prices actually fell in the Netherlands by 0.9%.
Source: tovima.com
Latest News
The 12 Tourist Traps to Avoid in the Greek Islands
Visit less popular islands for cheaper prices and fewer crowds
German Min. Lemke: «Climate crisis poses immediate threat to our health; well-being»
Europe recorded more days of “extreme heat stress” (with the ‘feels like’ temperature exceeding 46 degrees Celsius) than ever before
OECD: Major Spike in FDIs in Greece over 2021-23 Period
The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019
How TikTok Lost the War in Washington
Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app
Greece in the Top European Destinations for Aussies in 2024
This year 16% of surveyed Australians are planning a trip to Greece
Developing the Blue Carbon Economy in Greece
Can Greece make money by protecting its marine environment?
EIB Appoints Greece’s Ioannis Tsakiris as New VP
Ioannis Tsakiris started the new role May 1 after spending 15 years at the European Investment Fund (EIF) and serving as Greece’s Deputy Minister for Development and Investments
Two Greek Beaches in Top 50 in the World
Both Greek beaches were on the list of the best beaches in Europe too
Eurostat: Greece 20th out of 26 European States in Hourly Average Wage
According to figures released by Eurostat, the Benelux Grand Duchy of Luxembourg, one of Europe’s hubs for finance, is in first place
Greek Property Renovation Surge amid Economic Constraints
This has led to a notable escalation in renovation costs, with average prices per square meter exceeding previous norms and reaching even 1,000 euros in premium locations