May 4, 2024

Athens News

News in English from Greece

Inflation in Greece in December amounted to 3.7% according to Eurostat


According to official Eurostat data, inflation in Greece rose to 3.7% in December, while in the eurozone it increased to 2.9% compared to November.

Inflation in Greece was 3% in November (3.8% in October), while in the Eurozone it also fell to 2.4% from 2.9%.

Already published data for key economies in the region shows an acceleration in price growth, further throwing off forecasts for the European Central Bank’s future actions on interest rates.

Greece, of course, is not excluded from the “frame” of revaluation. Despite progress made in the final months of 2023 in slowing the growth of the overall index, which the Ministry of National Economy and Finance estimates will continue, it continues to face particularly high prices in a number of sectors and products. primarily food products, which rose in price by 7.7% in November.



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