On the occasion of World Pizza Day, which has been established on February 9, Eurostat has released very interesting data on how much pizza and pie prices have increased in the European Union in December 2022.
Based on this data, the price of pizza and tart bought in store in the EU was, on average, 16% higher compared to December 2021, when the price of these two popular dishes, on average, just 2% higher than December 2020.
Hungary is price-hike champ
Among EU countries, the highest increase in the price of pizza and tart was recorded in Hungary with +46% in December 2022 compared to December 2021.
In second place followed Lithuania with an increase in prices by 39% and Bulgaria with an increase by +37%.
As for the smallest increases, these were recorded in Luxembourg (+7%), Italy (+10%) and France (+13%).
In Greece, pizza recorded an increase of 15.2%, with our country occupying 20th place out of a total of thirty countries in the relevant Eurostat list.
Headline inflation in the eurozone rose in December by 9.2% year-on-year, with a 13.8% increase in food, drink and tobacco products, Eurostat said last month.
Eurostat categorizes “pizza and quiche (tart) products” into the varieties sold in shops, based on flour and made with meat, fish, seafood, cheese, vegetables or fruit.
Latest News
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
Council of State Rejects Motion Against Thessaloniki Motorway Project
The motion was filed earlier this month by three local citizens’ and environmental groups and generated a high court decision for a temporary stay in construction