The Hellenic Statistical Authority released its consumer price inflation data for Greece on Wednesday. Greek consumer prices fell 0.4% in August, after the 1.3% drop in July.

On a yearly basis, the Greek consumer price index declined 1.5% in August, after a 2.2 drop in July. Consumer prices in Greece declined since March 2013.

Housing prices plunged at an annual rate of 7.3% in August, transport costs dropped by 4.3%, clothing and footwear prices declined 6.8%, while household equipment prices were down 2.2%.

Prices of food and non-alcoholic beverages increased at an annual rate of 4.3% in August, while alcoholic beverages and tobacco prices climbed by 2.1%.