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
Projected consumer prices are forecast to rise by 2.7%
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 […]
Basic food costs and other staple products like bottled water, soft drinks, and fruit juices witnessed an increase of 13.8%, and fruits were up by 12.3%
The central bank forecasts were listed in the "Note on the Greek Economy" report
The Eurozone average dropped to 2.6%, according to the preliminary estimates by Eurostat
The PM outlined a series of priorities over the coming months which included tackling inflation, supporting agricultural products, and enhancing public health.
Special analysis for 2022-23 cites the consequences of price appreciation in housing, energy and food
Despite the overall trend, Greece faces persistent challenges with rising food prices, as the food, alcohol and tobacco index totaled 7.1% during the month, on an annual basis, slightly lower than 7.6% in Dec 2023