Greece: Harmonized inflation drops to lowest level since February in December
Harmonized inflation came in at 7.6% in December, down from Novembers 8.8%. December’s figure represented the lowest inflation rate since February. The result was driven by moderating price pressures for transportation and housing and utilities.
The trend pointed up, with annual average harmonized inflation coming in at 9.3% in December (November: 9.0%). Meanwhile, consumer price inflation fell to 7.2% in December, from the previous month’s 8.5%.
Finally, harmonized consumer prices fell 0.65% in December over the previous month, coming in below November’s 0.26% fall.