The Hellenic Statistical Authority released its consumer price inflation data for Greece on Friday. Greek consumer prices fell 1.3% in July, after the 0.6% increase in June.

On a yearly basis, the Greek consumer price index declined 2.2% in July, after a 2.2 drop in June. Consumer prices in Greece declined since March 2013.

Housing prices plunged at an annual rate of 7.4% in July, transport costs dropped by 3.5%, clothing and footwear prices declined 3.3%, while household equipment prices were down 2.3%.

Prices of food and non-alcoholic beverages increased 0.9% in July, while alcoholic beverages and tobacco prices climbed by 2.1%.