October has started with… positive news in the battle against high costs, providing relief to consumers on three fronts that have been straining households – supermarkets, electricity bills and inflation. This development creates optimism for a more stable daily life, with prospects of substantial relief for citizens’ wallets.
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Cost of living: 1,000 cheaper products coming to supermarkets this month
First, as announced today, Wednesday, October 1, 2025, by the Ministry of Development, following today’s meeting between Development Minister Takis Theodorikakos, and representatives of retail chains, price reductions on 1,000 product codes in supermarkets will be announced within the first half of October. The reductions will remain in effect at least until the end of the year with prospects of extension. At the same time, the government called on supermarkets to limit their average profit margins for greater price reductions on other products as well, in order to curb high costs.
Specifically, Mr. Theodorikakos made the following statement after the meeting ended: “We are waging a continuous battle to improve the standard of living in citizens’ daily lives, with tax cuts and wage increases. At the same time, in what is within our control, we conduct constant inspections to protect consumers, implement the code of ethics, and push for price reductions with results, managing to have food inflation of 1.4% versus 3% in the eurozone.
The initiative to reduce prices on 1,000 codes on supermarket shelves is undoubtedly positive and necessary. But let supermarket chains also reduce their average profit margin, so that prices can be reduced on even more codes, for an even longer period, with the largest possible reduction percentage, so that households struggling can be helped. It’s a matter of social responsibility and cohesion.”
Stable or reduced electricity tariffs
Second, PPC (Public Power Corporation), the company that is the country’s largest electricity provider, also announced today that it will maintain unchanged in October the already reduced tariffs from September, absorbing the significant increase recorded in wholesale prices. Specifically, PPC fully covers the approximately 27% increase in wholesale electricity prices, maintaining the price of the variable green residential tariff G1/G1N at €0.129/kWh, the same as in September, according to the October price list posted on its website.
At the same time, in low-rate zones, the price of the green tariff for October remains stable at €0.1148/kWh, thus giving PPC customers with dual-zone meters the opportunity to benefit from even lower charges during low-rate hours. Additionally, the price of the yellow variable PPC myHome4all tariff for October is set at €0.119/kWh.
Also, in blue tariffs, PPC maintains stable and competitive prices for October. The price of the 12-month myHomeEnter program remains at €0.145/kWh, while the digital myHomeOnline program stays at €0.142/kWh. For customers with dual-zone meters, the myHomeEnterTwo program offers a price of €0.095/kWh during low-rate hours. At the same time, other providers also proceeded with similar announcements of stable or even reduced tariffs.
Inflation “plunged” to 1.8% in September in Greece
And finally, according to Eurostat’s preliminary estimates, Greece recorded the third lowest annual inflation in the eurozone in September at 1.8% (down from 3.1% in August), after France with 1.1% and Cyprus at 0%. It’s worth noting that inflation rose to 3% in Spain, 2.4% in Germany, and 2.2% in the eurozone. Specifically for food inflation, the increase in Greece slowed to 1.4% from 2.4% in August, while at the same time it stood at 3% in the eurozone.
