State interventions have slashed prices

The cost of school supplies has decreased by 5% to 10%, as part of the government's ongoing effort to combat inflation, according to the Ministry of Development, which remains focused on ensuring fair market competition and is preparing Greece's new sustainable production model.

For school supplies, the ministry has implemented the "Student Basket" initiative, effective until October 15. According to available data, prices for key school items included in the basket are reduced by 5% to 10% compared to last year.

Additionally, inspections are being conducted at 26 supermarkets and suppliers, covering 2,500 product codes.

Minister Takis Theodorikakos emphasized that the Student Basket is subject to strict profit margin regulations, with fines up to 6 million euros for violations.

Regarding the broader price trends, the minister noted that for the fourth...

Continue reading on: