Greek inflation rate dropped to 3.0% in April

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Greek annual inflation rate slowed spectacularly to 3.0% in April, from 4.6% in March and 10.2% in April last year, reflecting almost exclusively a rapid fall in energy prices, while prices in food and food items grew 11.4% in the month, Hellenic Statistical Authority said on Wednesday, ANA reports.


More specifically, price increases were recorded in bread/cereals (13.8%0, meat (12%), fish (4.5%), dairy/eggs (19.1%), oils (16.2%), vegetables (6.2%), sugar/chocolate/sweets (11%), other food (14.6%), coffee/tea (12.1%), mineral water/juices (8.5%) and alcohol (10.1%).

Price increases were also recorded in clothing/footwear (5.6%), rents (3.8%), house repair (5.3%), LPG (11%), solid fuel (29.6%), furniture (7.7%), home equipment (7.4%), pharmaceuticals (13.9%), medical products (2.2%), new cars (7.6%), used cars (10.5%), motorcycles (7.3%), car parts (12.2%), taxi (32.9%), air travel (34.1%), ship travel (11.2%), cinemas/theater (5.6%), hotels (22.2%), etc. On the other hand, prices fell in electricity (29.9%), natural gas (25.1%), heating oil (20.7%), fuel/lubricants (7.4%), and telephone services (1.8%).

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