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Greek Inflation Decelerates as Price of Clothes Drops

Greek inflation, as measured by the harmonized index of consumer prices, eased to 4.9% in January from 5.2% in December, the Hellenic Statistical Authority said Monday.
The index fell 1% on a monthly basis, compared to 0.5% increase in December. The price index for food and non-alcoholic beverages grew 2.3% from last year.
Clothing and footwear prices fell 2.7% year-on-year, while housing costs climbed 9.7%. Transportation charges surged 13.5% annually during the month.
Inflation, as measured by the consumer price index, remained steady at 5.2% during the month, data showed.

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