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Greek annual inflation rate up 1.1 pct in September

Greek annual inflation rate up 1.1 pct in September

The Greek annual inflation rate rose 1.1 pct in September from 1.0 pct in September 2017 and 1.0 pct in August 2018, reflecting price increases in fuel, pharmaceuticals and telephone services, Hellenic Statistical Authority said on Wednesday.

The statistics service, in a monthly report, attributed this development to price increases of 1.4 pct in food/beverages, 0.9 pct in alcohol/tobacco, 0.5 pct in housing, 1.4 pct in healthcare, 3.8 pct in transport, 4.3 pct in communications and 1.2 pct in hotel/cafes/restaurants. On the other hand, prices fell by 1.5 pct in clothing/footwear, 1.2 pct in durable goods, 1.0 pct in entertainment, 0.8 pct in education and 0.8 pct in other goods and services.

The consumer price index rose 2.0 pct in September from August 2018, after an 1.9 pct increase recorded in the same period last year.

Greece’s harmonised inflation rate rose 1.1 pct in September from 1.0 pct in September 2017 and 0.9 pct in August 2018. The monthly rate was up 1.4 pct in September frmo August.

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