The Hellenic Statistical Authority released its consumer price inflation data for Greece on Wednesday. Greek consumer prices slid 1.9% in January, after the 0.1% rise in December.

On a yearly basis, the Greek consumer price index declined 0.7% in January, after a 0.2 fall in December. Consumer prices in Greece declined since March 2013.

Housing prices plunged at an annual rate of 3.7% in January, transport costs dropped by 0.9%, clothing and footwear prices were down 9.5%, while household equipment prices were down 0.2%.

Prices of food and non-alcoholic beverages climbed at an annual rate of 1.6% in January, while alcoholic beverages and tobacco prices increased by 1.1%.