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
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted