Inflation in Greece
Greece - 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 - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-1.7||-0.8||1.1||0.6||0.3|
5 years of economic forecasts for more than 30 economic indicators.
Greece Inflation Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||1.91||0.76 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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