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Greece

Greek Inflation Rate Soared to 11.3 percent in May

Much like in many parts of the world, the inflation rate in Greece has soared to its highest rate in nearly thirty years this month. The Greek inflation rate reached 11.3 percent in May alone, which is up from 10.2...

Latest Data Reveal Greek Inflation on the Rise

ELSTAT, Greece's official statistics authority, released its latest data on the country's annual EU-harmonized inflation on Friday, which showed a slight increase in prices overall. From one percent inflation seen in March of 2019, the figure increased to 1.1 percent...

Greek Inflation Rises by One Percent in November

Inflation, or the adjusted index of consumer prices, showed an increase of 1.1 percent in November over levels of a year ago, according to Greek Statistical Authority (ELSTAT) data  published on Monday. The average annual inflation rate for the period...

Greek Inflation Sees Small Fall After Months of Rises

The Greek inflation rate fell 0.2 percent in March this year after several months of increases, the Hellenic Statistical Authority said this week. The statistics service, in a report, said that the consumer price index fell 0.2 percent in March...

New Data Put Greek Annual Inflation Among Eurozone's Lowest

  Greece's annual inflation was 0.4 percent in February, Eurostat reported on Friday, putting it among the lowest rates in the eurozone and below the EU average of 1.3 percent. The data placed Greece among Cyprus, Denmark and Italy as having...

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...

Eurostat: Greek Inflation Rate at 1.7% in March

The Greek annual inflation rate was 1.7 pct in March from 1.4 pct in February, Eurostat said on Wednesday. The EU executive's statistics office said that the annual inflation rate in the Eurozone was 1.5 pct in March, from 2.0...

ELSTAT Data Shows Greek EU-Harmonized Inflation Rate Positive in December 2016

In December Greece saw its annual EU-harmonized inflation rate become positive, according to the latest figures by ELSTAT, the countries statistic agency. Figures released on Wednesday show that Consumer prices rose in goods such as alcoholic beverages, tobacco, housing, hotels...

Statistical Service of Cyprus: Cyprus’ Inflation Rate for May 2016 at -2.1%

Cyprus’ inflation rate for May 2016 decreased at a rate of -2.1%, according to the Statistical Service of Cyprus. The Consumer Price Index for May 2016 increased by 0.61 units to 98.66 units compared to 98.05 units in April 2016....

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...

Greece's Inflation –0.9 Percent, Eurozone at Record Lows

  Data released Monday shows Greece and Cyprus trailing as eurozone consumer inflation once again slowed to its lowest ever annual pace in February, matching a figure that in November caused an unexpected interest rate cut by the European Central Bank (ECB). Updated Eurostat data showed...

New Data Shows Decrease in Greek Inflation

According to data presented on Monday by the Greek statistics service, the inflation in Greece has significantly decreased, while it is the ninth consecutive month that a negative inflation rate is recorded due to the 2.9% drop of consumer...

Greece Has EU's Lowest Inflation Rate

It may not matter much in the aftermath of  deep pay cuts, big tax hikes and slashed pensions, but Greece at least has the European Union's lowest inflation rate, a mark of 0.3 percent recorded in December, 2012 and...