The Hellenic Statistical Authority released its consumer price inflation data for Greece on Friday. Greek consumer prices increased 1.3% in March, after a 0.4% drop in February.

On a yearly basis, the Greek consumer price index declined 1.5% in March, after a 0.5 fall in February. Consumer prices in Greece declined since March 2013.

Housing prices plunged at an annual rate of 4.8% in March, transport costs dropped by 4.9%, clothing and footwear prices were down 5.2%, while household equipment prices decreased 1.2%.

Prices of food and non-alcoholic beverages fell at an annual rate of 0.4% in March, while alcoholic beverages and tobacco prices increased by 1.1%.