Within the first half of October, a list regarding price reductions on 1,000 product codes on supermarket shelves will be released, as stated by government spokesperson Pavlos Marinakis during today’s briefing with political editors on Thursday (2/10), following announcements by Development Minister Takis Theodorikakos, who met yesterday, Wednesday (1/10) with representatives of retail chains on this issue.
Read: High prices: October starts with three positive news for households – “Relief” in electricity prices, supermarkets and inflation (Video)
As the government spokesperson stated, the price reduction on 1,000 product codes on supermarket shelves is a positive and necessary development. “These price reductions will provide relief to households that need it most. It’s a matter of social responsibility and cohesion,” emphasized Pavlos Marinakis.
Full statement by Pavlos Marinakis:
Collaboration between Development Ministry and Greek Food Industries Association and Supermarket Union
Furthermore, Mr. Marinakis stated that implementing this initiative involved collaboration between the Development Ministry, the Greek Food Industries Association, and the Greek Supermarket Union. “We continue simultaneously conducting market inspections and imposing fines for unfair practices. In parallel, we have completed processing the major reform by the Development Ministry to create the new Independent Authority for Consumer Protection and Market Supervision,” said Pavlos Marinakis.
The government spokesperson then referred to Greece’s annual inflation rate, which recorded a decline, reaching 1.8% in September, down from 3.1% in August, according to Eurostat data. This represents the third lowest rate in the eurozone, whose annual inflation rose to 2.2% in September from 2% in August, according to preliminary estimates.
“We will continue supporting consumers through every possible means, strengthening their income while simultaneously fortifying regulatory authorities and intensifying supply chain inspections to effectively create barriers against increased living costs. This is an ongoing battle and we still have road ahead, however, it’s now apparent that our policy is paying off,” emphasized Pavlos Marinakis.
