Search Results: Inflation

Food items continue to experience the largest annual changes, with olive oil surging by 56.7%, cereals up by 7.4%, fresh fish increasing by 8.4%, and mineral water/soft drinks rising by 8.6%.

The negative development prompted the relevant development minister to meet with supermarkets' representatives to hammer out a plan to contain rising food prices

The PM said energy producers had made a huge windfall and the government would tax them

Food inflation in Greece is comparable to the EU27 average, while Greek wages, in terms of purchasing power, are only higher than those in Bulgaria

Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July

It was up by 2.3% compared to June of 2023, according to preliminary figures by the country’s statistical authority ELSTAT

The PM urged people to watch Coldplay's latest video clip shot at the Odeon of Herodes Atticus

Core inflation, which excludes the calculation of volatile fuel and unprocessed food prices, also slightly declined to 2.8% annually from 2.9% a month earlier

A year earlier, the rate was 6.1%. European Union's annual inflation was 2.7% in May 2024, up from 2.6% in April. A year earlier, the rate was 7.1%

However, the consumer price Index (CPI) in May 2024 compared with May 2023, increased by 2.4%. In May 2023, the annual rate of change of the CPI was 2.8%.

Eurozone Inflation Climbs to 2.6%

Greek Prime Minister Kyriakos Mitsotakis broached the issue of persistent inflation in his opening remarks during a debate in Parliament on Friday, calling the high cost of living the most serious problem plaguing Greek society. Mitsotakis said tackling high prices was his government’s top priority laying out a series of actions already in force to […]

This discrepancy occurs because the weighting of olive oil in the consumer price index, as prescribed by Eurostat regulations, is significant due to its historically high consumption by Greek households

The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation

Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually

The rate of increase for food prices was up by 4.9% in April 2024, compared to 4.8% in the previous month

The Premier made statement during a visit an an open vegetable market

In the eurozone, the consumer price index (CPI) dropped to 2.4%, while the average EU settled at 2.6%

Greek households appear more pessimistic over the course of inflation in the coming 12-month period, compared with households in the rest of the Eurozone. The average expectations for inflation in Greece over the next 12 months remained stable at 10% in February 2024, while falling slightly in the Eurozone at 3.1%. The sentiments were found […]

The repeated there was no cover up of the Tempi train crash