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Greek Inflation

Greece Fines Unilever and Procter & Gamble €1 Million

In an official decree, Greece's Ministry of Development has announced fines of €1 million each on Unilever and Procter & Gamble. The penalties were imposed due to the violation of gross margin cap regulations spanning over one hundred product...

Inflation Surge Hits United States, Greece

The scourge of inflation is hitting the United States and Greece hard this holiday season, with high prices for fuel oil and gas causing reverberations throughout the entire economy of the world. Consumer prices in the US rose 6.8% in...

Greek Inflation Rise Slows Down in December

Greece's consumer price inflation eased in December after accelerating in the previous month, figures from the Hellenic Statistical Authority (ELSTAT) showed Friday. Consumer prices climbed 0.7 percent year-over-year in December, slower than the 1.1 percent increase in November. The measure...

Greek Consumer Inflation Accelerates in November

Greece's consumer price inflation accelerated in November after easing in the previous month, figures from the Hellenic Statistical Authority (ELSTAT) showed Friday. Consumer prices climbed 1.1% year-over-year in November, faster than the 0.7% increase in October. The measure has been...

Greek Inflation Rate -2.6% in December 2014

Greek inflation rate fell deeper into negative territory in December (-2.6%), from -1.2% in November, for an average deflation rate of -1.3% in 2014, the Hellenic Statistical Authority (ELSTAT) said on Tuesday. The statistics service said that on a monthly...

Eurostat: -1.2% Inflation Rate in Greece

Deflation slowed down in Greece last month according to annual Eurozone inflation rate figures released by Eurostat on Wednesday, which gave an annual rate of -1.2% for Greece in November 2014, from -1.8% in October. Annual inflation throughout the Eurozone...

Eurostat: Greek Inflation Lowest in Eurozone

While Greece is suffering a crushing economic crisis, at least inflation hasn't done as much damage as it could. Figures from the European statistics agency Eurostat for September showed the country had the lowest inflation rate, just 0.3 percent,...

Greek Inflation Slows to 0.9% in September

There's not much good economic news in Greece these days, except for a report that said the country's annual inflation slowed in September. According to the data released by the Hellenic Statistical Authority, consumer price inflation dropped 0.9% in...

Producer Price Inflation Eases Sharply In June

Greek producer price inflation eased markedly in June, the latest figures from the Hellenic Statistical Authority showed Friday. Producer prices rose 2.9 percent year-on-year in June, slower than the five percent increase in the previous month. Inflation has been slowing...

Inflation Drops To 7-Month Low

Greece's consumer price inflation slowed to the lowest level in seven months in March, data released by the Hellenic Statistical Authority showed Monday. The consumer price index increased 1.7 percent year-on-year in March, markedly slower than the 2.1 percent growth...