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Food prices in Greece have increased by 38.97% in the last 15 years, whereas those in the European Union have risen on average by 56.17%, meaning that the EU had a 44% higher rate of price increases than Greece, according to the results of a targeted survey by the Research Institute for Retail Consumer Goods (IELKA).
The survey examined the growth of prices over the last 15 years in relation to the average in the European Union, using Eurostat data. Greece presented an average annual price increase of 2.59%, while in the EU it averaged 3.74%.
The largest percentage of this increase was recorded from 2021 onward in both Greece and the EU.