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 %)||-0.9||-1.3||-1.7||-0.8||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Greece Inflation Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||4.33||0.76 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||697||-1.46 %||Mar 08|
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March 8, 2019
Industrial production rose 3.4% year-on-year in working-day adjusted terms in January, following December’s revised 1.3% expansion (previously reported: +1.1% year-on-year).
March 7, 2019
According to data released by the Hellenic Statistical Authority (ELSTAT), the number of unemployed workers fell by 16,774 in December compared with November while the seasonally-adjusted unemployment rate dipped to 18.0% from 18.3% in the previous month.
March 7, 2019
According to provisional data released by the Hellenic Statistical Authority (ELSTAT) on 7 March, the Greek economy lost steam in the final stretch of 2018.
March 1, 2019
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) edged up from 53.7 points in January to 54.2 points in February, a 9-month high.
February 8, 2019
Industrial production rose 1.1% year-on-year in working-day adjusted terms in December, moderating from November’s revised 4.2% expansion (previously reported: +3.1% year-on-year), which had marked an over one-year high.