War in Ukraine: 9 out of 10 consumers expect price increases

87% of consumers believe that there is a possibility of rising prices for certain items, while 72% believe that there may be shortages due to the war in Ukraine.

These figures emerge from a survey conducted by the Consumer Goods Research Institute (IELKA) during the week of 5-10 April 2022 with a sample of 1,000 consumers.

Also, 85% of the public consider it possible to increase energy and transport costs due to the war in Ukraine. According to the same survey, 46% say that supermarkets make sure there are no shortages on the shelves – only 13% disagree, while in relation to the pandemic, 29% say that they take all necessary measures for public health.

The conclusion

The general conclusion is that the crisis due to the war in Ukraine, affects and will continue to affect the Greek market for quite some time. The vast majority, 67%, estimate that the duration of its effect will continue after 2022, 22% estimate until the end of 2022, 5% for 2-3 months and only 5% that there is no effect.

Finally, the majority of the public is ridden withy feelings of anger (30%) and fear (26%) about the war in Ukraine. The corresponding rates for the COVID-19 pandemic are clearly lower, but exist at 14% and 19% respectively. On the positive side, only 2% of the public feel panicked, while 39% say that the crisis in Ukraine is more important than the COVID-19 pandemic, and only 17% say the opposite.