Increased costs for this year’s Easter table – Over 6% Annual Rise

More expensive by 6.2% to 6.3% compared to last year will be this year Easter for a four -member to a six -member family, according to estimates by the Institute of Commerce and Services of the Hellenic Confederation of Commerce and Entrepreneurship (ERC).

Specifically, the total cost of supplying the necessary goods is set from 99.45 to 142.95 euros this year, depending on the quality and origin of the products. Prices came from on -site supermarket prices, specialized retail stores (eg butchers, fruit and pastry shops and from the Varvakio market).

As explained, the price range is due to the differences between the quality characteristics of the products and the different types of stores and markets, with prices remaining indicative, capturing the broader market image.

Finally, it is stated that for the sake of comparison of the data, Inemy’s previous annual investigations into estimating the cost of the Easter table includes the prices of goods that are included in the “Easter festive basket” / “household basket”.

INEMY Managing Director H. Arachova said: “The ERC Institute also reflects this year’s prices for Easter table products, which maintain their upward trend but clearly milder than previous years. The significant increase in the cost of lamb and goat but also in chocolate egg is due to:

1. In enlargement of production costs by farmers due to rising feed prices etc expenses,
2. The reduction in supply due to the plague and blessing wounds as well as the non -complete repair of the Daniel bad weather damage in Thessaly,
3. In the fact that this year they coincide with Orthodox and Catholic Easter, a development that boosts demand over a certain period of time and
4. In an increase in the international price of cocoa. It should also be borne in mind that the particularly strong upward pressures at the level of prices that preceded themselves have significantly shrinking the actual consumer income available.

This decline in income necessarily directs consumer interest in inelastic demand products, such as foods for the Easter table, essentially limiting resources to buy other goods and services, at a time when the market is going through serious turmoil, mainly at the international level.