Greek Coffee Prices Soar to 45-year High

Coffee lovers successful Greece are being deed hard arsenic the terms of their favourite portion continues to climb. According to the Hellenic Statistical Authority, retail java prices roseate by 18.5% betwixt August 2024 and August 2025, making it progressively consciousness similar a luxury purchase.

Why prices are rising

The surge is driven by a operation of factors:

• International markets: Prices of Arabica and Robusta beans person reached 45-year highs, fueled by clime change, mediocre harvests successful large producing countries, and planetary geopolitical tensions.
• Local taxes: Greece adds to the load with a special depletion tax and 1 of the highest VAT rates successful Europe for coffee.
• Speculation: Futures contracts for java person jumped by 50% since aboriginal August, arsenic traders stake connected tighter supplies.

Brazil’s ongoing drought has slashed production, while U.S. tariffs connected South American imports and shrinking planetary stockpiles person lone worsened the outlook.

A displacement successful habits

As café prices climb, much Greeks are turning to cheaper alternatives such arsenic supermarket java for location brewing, oregon cutting backmost connected depletion altogether. Once considered an mundane staple, the traditional java interruption is becoming a noticeably costlier ritual.

What’s next?

Analysts suggest the upward unit is unlikely to easiness successful the coming months, raising the anticipation of further terms hikes. For galore successful Greece, where java civilization is profoundly ingrained successful regular life, the interaction is already being felt — not lone successful wallets, but besides successful changing κοινωνικά habits.