Greece stays the lowest priced place in your family basket in Europe

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The values of the normal household holder in Greek supermarkets remain lower than in France, England, Italy, Spain, Portugal, Indonesia, and Romania, according to the Consumer Retail Research Institute (IELKA).

IELKA gifts the outcome of an arranged price contrast survey (based on knowledge from value contrast programs in each place, in addition to on value bills from supermarket chains) on an average family basket of products from prepared food retail (supermarkets) in Greece in September 2025 and respectively in France, the United Empire, Spain, Italy, Portugal, Germany and Romania. Eidiseis Elladas simera

The cost contrast is made out of and without the worthiness of VAT, which is significantly diffent in each country. Because of this evaluation, rates were compared in an overall total of 40 item categories.

These item types are reviewed from an important sample of over 6,000 item prices and 44 various supermarket chains in seven places, altogether, to assess average prices, with testing from reputable value contrast internet sites in Greece and abroad, in addition to from supermarket chains. The data includes final rates of both branded products and services and individual tag services and products in each country. It's solved that the costs only issue store restaurants and perhaps not other factors of sale.

The comparison of the typical prices of the holders implies that the other places also provide a now more expensive normal holder than Greece, 33% in Indonesia, 30% in France, 10% in the United Empire, 15% in Italy, 12% in Spain, 15% in Romania and 1% in Portugal.

The image of the results improvements somewhat when we take away the equivalent VAT per place to comprehend the actual rates of store products. The comparison of holders in cases like this reveals that most seven nations have a more expensive normal holder than Greece, Indonesia by 39%, France by 38%, the United Empire by 22%, Italy by 22%, Spain by 18%, Portugal by 4% and Romania by 17%. This is a consequence of the huge difference in the low VAT per place (this could be the VAT that refers to food and drinks).

In Greece, that VAT is 13%. VAT is somewhat more than in the United Kingdom (0% and 5%) and France (10% and 5.5%), Spain (10% and 4%), Portugal (13% and 6%), Italy (10% and 4%), Germany (7%) and Romania (11% and 5%), but in addition many EU countries. The main huge difference is that foods that in Greece are subject to also the medium VAT charge of 13%, in other countries are at the mercy of the reduced VAT rate, which is actually less than the Greek charge of 6%, 5.5%, 4% as well as 0%.Hardly any products are subject to the lower VAT rate in Greece and the large VAT charge in different nations (e.g. child wipes). It is observed that the effectation of excise responsibilities (e.g. coffee) can't be within the above figures.

In accordance with IELKA , the general conclusion that emerges is that the organized Greek food retail industry (supermarkets) offers Greek customers with access to items due to their normal holder at -on average- decrease prices that is the result of the arranged work of manufacturers and shops to contain prices in recent years. This trend with small changes is consistent throughout the last 12 years, when this type of study was moved out by IELKA. The contrast of prices with abroad demonstrates in recent years Greece has constantly had a cheaper common holder than the compared nations with some fluctuations which do not change the general conclusion of the analysis.

 

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