Inflation in Greece rose to 12% in June, according to Eurostat

Inflation in Greece jumped to 12% in June, the European statistical agency said on Friday ELSTAT. The Eurozone’s annual inflation rate jumped to 8.6% in June from 8.1% in May, according to Eurostat’s operational estimate released on Friday.

Statistical Service EU in its monthly report said energy rose 41.9% in June (39.1% in May), followed by food, alcohol and tobacco (8.9% from 7.5%, respectively), non-energy industrial products (4.3% from 4.2%) and services (3.4% from 3.5%).

In Greece, the annual inflation rate is expected at 12% in June from 10.5% in May.

Estonia (22%), Lithuania (20.5%), Latvia (19%), Slovakia (12.5%) and Greece (12%) recorded the highest inflation rates in June, while Malta (6.1%), France (6.5%), Finland (8.1%) and Germany (8.2%) are the lowest.

Please note that local statistical offices usually indicate higher inflation rates: while EUROSTAT predicted it at 10.5% in May, ELSTAT indicated 11.3%.

As we reported earlier, this year food prices increased at least 2 times. At the same time, from July 1, wholesale food suppliers announced another increase in prices, by 10%.

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