The ratio of the basic food spending to minimum wage in Greece stood at just over 20 percent as of January 2024. In other words, the monthly expenses on the basic food basket occupied approximately one-fifth percent of the official minimum wage in the country. To compare, one year prior, the ratio was 1.8 percentage points lower.
Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024
The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.
The statistic has been compiled from several reports by the source.
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Picodi. (January 16, 2024). Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024 [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/
Picodi. "Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024." Chart. January 16, 2024. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/
Picodi. (2024). Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024. Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/
Picodi. "Ratio of Basic Food Spending to The Minimum Wage in Greece from January 2021 to January 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/
Picodi, Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024 Statista, https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/ (last visited January 03, 2025)
Ratio of basic food spending to the minimum wage in Greece from January 2021 to January 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445665/basic-food-spending-to-minimum-wage-greece/
