• Greek consumer prices decline 0.4% in February

Market news

10 March 2016

Greek consumer prices decline 0.4% in February

The Hellenic Statistical Authority released its consumer price inflation data for Greece on Thursday. Greek consumer prices slid 0.4% in February, after a 1.9% drop in January.

On a yearly basis, the Greek consumer price index declined 0.5% in February, after a 0.7 fall in January. Consumer prices in Greece declined since March 2013.

Housing prices plunged at an annual rate of 7.1% in February, transport costs dropped by 5.4%, clothing and footwear prices were down 1.0%, while household equipment prices decreased 2.8%.

Prices of food and non-alcoholic beverages climbed at an annual rate of 0.9% in February, while alcoholic beverages and tobacco prices increased by 2.0%.

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