Deflation

Greek consumer prices fell by 2.2% in July, compared to last year, with the annual pace of deflation remaining unchanged from the previous month, according to Reuters. Hellenic Statistical Authority (ELSTAT) data released on Friday show that the deflation rate, which is...

Prices of consumer goods dropped for the 26th consecutive month in Greece as deflation continues, according to figures by the Hellenic Statistical Authority (ELSTAT) issued on Friday. Greek consumer prices fell 2.1 percent in April compared to the same month...

European Central Bank's decision to buy 500 billion euro bonds and cut interest rates by 0.05% is expected, according to analyst estimates, to boost the European economy that is threatened by recession and deflation. This decision means that the ECB will print money, loosen...

Greece recorded a deflation of -1.8% in December, according to data published today by Eurostat in Brussels. The average inflation rate in the Eurozone fell to 0.8% in December compared to 0.9% in November, while inflation in the EU remained...

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...

A 2% decrease in inflation was found this October, compared to a 1.1% decrease in September and 1.6% increase on October last year. Data collected from the Hellenic Statistical Authority (ELSTAT) reported that deflation was recorded for the eighth...