In February, consumer prices dropped 1.3% over the previous month, following January's decline of 0.7%. The reading mainly reflected lower prices for clothing and footwear (-17.6% month-on-month), which offset higher prices for housing (+0.9% mom) and food (+0.8% mom). Annual inflation slowed to 4.4% (January: 5.2% yoy), the lowest rate since April last year. In addition, annual average HICP inflation (based on the harmonized index of consumer prices) rose from 4.9% in January to 5.0% in February.
Inflation slows in February
March 10, 2011
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Greece Economic News
October 10, 2016
In August, industrial production fell a working-day adjusted 0.3% compared to the same month last year, which contrasted the revised 4.7% expansion in July (previously reported: +4.1% year-on-year).
October 6, 2016
The number of unemployed fell by 5,357 in July, according to the Hellenic Statistical Authority (EL.STAT.).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) deteriorated in September, erasing most of the gains made in August.
September 9, 2016
In July, industrial production rose a working-day adjusted 4.1% compared to the same month last year, which came in below the revised 7.9% expansion in June (previously reported: +7.5% year-on-year).
September 8, 2016
The number of unemployed fell by 6,800 in June, according to the Hellenic Statistical Authority (EL.STAT.).