Mar 10 • 08:47 UTC 🇬🇷 Greece Naftemporiki

Sales Institute in Greece: Insecurity, uncertainty, moderate to low level of prosperity shrink consumption

A recent study reveals that economic insecurity and rising prices are leading to decreased consumption in Greece.

A recent study by Circana, titled "Consumer Trends in Greece: Financial Pressure and New Habits," commissioned by the Sales Institute in Greece, highlights a troubling trend in consumer behavior amidst rising prices and economic insecurity. Conducted in December 2025, the survey reveals that the vast majority of Greeks are adjusting their consumption patterns negatively in response to price increases across various product and service categories. This shift has triggered a wave of negative emotions associated with spending habits, showcasing the profound impact of economic conditions on daily life.

The study underscores that the pervasive sense of economic insecurity stems not only from diminished purchasing power but also from deeper governance-related issues within the country. Respondents indicated that their feelings of insecurity were influenced by various factors, including the perceived effectiveness of government policies. Thus, while financial constraints are a major driver of consumer behavior, the respondents also express concerns over the quality of governance influencing their economic outlook.

As these trends evolve, the implications for the Greek economy could be significant. With consumption accounting for a substantial portion of economic activity, the reported decline in consumer confidence and spending patterns may pose challenges for both businesses and policymakers. If the current situation persists, it can lead to a feedback loop where decreased consumption further exacerbates economic hardship, creating a profound impact on Greece's recovery trajectory following recent economic turmoil.

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