Maximos Charakopoulos

Climate change “hits” Greece: Little oil, small potatoes, production took a blow

With all eyes on the olive groves (as the price of olive oil is the protagonist and driver of food inflation), consumers are waiting to find out if this season holds more inflation. Although the signals are currently contradictory – as consumption is declining, but production is also declining due to the climate crisis – there is a trend of de-escalation. But that is one side of the story.