Inflation in Greece
Greece - Harmonized Inflation
Inflation rises in March
In March, consumer prices rebounded sharply, rising 3.3% over the previous month, after dropping 1.3% in February. The reading mainly reflects higher prices for clothing and footwear (+37.5% month-on-month) due to the end of season discounts and the arrival of the new collections. Prices for housing (+1.7% mom) and transport (+1.2% mom) also increased. Meanwhile, annual inflation stepped up to 4.5% (February: 4.4% yoy), breaking the moderating trend in place since December last year. Annual average HICP inflation (based on the harmonized index of consumer prices) was unchanged at 5.0% in March.
Greece - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||1.4||4.7||3.1||1.0||-0.9|
5 years of economic forecasts for more than 30 economic indicators.
Greece Harmonized Inflation Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||7.18||0.19 %||Apr 06|
|Exchange Rate||1.07||-0.05 %||Apr 06|
|Stock Market||671||0.18 %||Apr 06|
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April 10, 2017
Industrial production in Greece expanded a working-day adjusted 10.8% in February compared to the same month of last year, which was above January’s revised 7.1% rise (previously reported: +7.2% year-on-year) and marked a multi-year high.
April 6, 2017
The number of unemployed decreased by 2,100 in January, according to the Hellenic Statistical Authority (EL.STAT.).
April 3, 2017
The Markit manufacturing Purchasing Managers’ Index (PMI) edged down in March, as Greece’s manufacturing sector shows no sign of recovering.
March 10, 2017
Industrial production expanded a working-day adjusted 7.2% in January compared to the same month of last year, which was above December’s revised 2.5% rise (previously reported: +2.2% year-on-year).
March 9, 2017
The number of unemployed in Greece decreased by 2,300 in December, according to the Hellenic Statistical Authority (EL.STAT.).