• Greece inflation accelerates in February

Notícias do Mercado

12 março 2019

Greece inflation accelerates in February

The Hellenic Statistical Authority reported on Tuesday, Greece's consumer price index (CPI) rose 0.6 percent y-o-y in February after a 0.4 percent y-o-y advance January. 

According to the report, the biggest increase was in communication, where costs increased 6.2 percent y-o-y, followed by a 2.1 percent y-o-y climb in prices of food and non-alcoholic beverages. At the same time, clothing and footwear fell the most, down 2.7 percent y-o-y in February.

On a monthly basis, consumer prices edged up 0.1 percent in February, after dropping 1.8 percent in the previous month.

Meanwhile, the harmonized index of consumer prices (HICP) increased 0.8 percent y-o-y in February, following a 0.5 percent y-o-y gain in January. That marked the fastest inflation pace in three months.

In m-o-m terms, the HICP rose 0.3 percent after a 1.3 percent decline in January. That was the first increase in four months.

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