This year, consumers will be faced with the most expensive Tsiknopempti-Fat Thursday in recent years as increases in meat are high.
Tsiknopempti is part of the traditional celebrations of Apókries, the Greek Carnival season. The celebration centers on the consumption of large amounts of grilled and roasted meats.
The traders of the Varvakeio cantral Athens market and the butchers of the whole country are waiting for the consumers who will buy meat for the Tsiknopepti table.
In the Piraeus market, meat prices remain stable with many consumers having already shopped for fear of price increases.
Lamb and goat are sold for 9 euros per kilo, while pork skewers, whose price ranges from 6 to 8 euros, are the most expensive. Pork beely cuts are also proced at 6 euros and sausages up to 9 euros per kilo. Consumers will find beef at 8.99 euros per kilo.
According to the butchers, people primarily prefer ribs, pork bellies and pork chops.
Price hikes
Market analysts estimate that food price increases will continue at least for the first half of 2023, since, despite the decline in energy prices, the prices of basic raw materials remain at very high levels. in 2022 as a whole, average annual inflation was recorded at 9.6%, the highest rate since 1994.
Although average inflation in the Eurozone is slightly higher, structural inflation in Greece remains high, partially highlighting the resilience of demand and the need to further strengthen production and competition in product and service markets.
The final month of 2022, December, closed with further deceleration in inflation, with the consumer price index standing at 7.2% from 8.5% in November, 9.1% in October and 12% in September.
Latest News
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
Greek 30Y Bond Issue Oversubscribed by 11 Times
Very high demand pushed down the coupon's interest rate to 4.125%
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing