Eurostat: Inflation Falling in Eurozone, Not in Greece

Preliminary data released today Eurostatthe statistical office of the European Union, show that annual inflation in Eurozone V August 2024 is expected to be at the level 2.2% compared to 2.6% in July.

As for Greecethen of course this is not so, since the data show small stature. Annual inflation is estimated at 3.1% in August compared to 3% in July. Our country is at trajectory opposite that one, by which moves block. And how can Greece not go against it when “Mitsotakis’s high prices” essentially “sponsor” speculators, and society becomes the victim.

In combination with beggars salaries, excessive taxation and indirect taxes, very expensive fuel, energy cartel (which increases electricity prices), banking cartel (with exorbitant interest rates and fees), oligopolieswho take whatever they want, “golden” road taxesexorbitantly expensive ferry tickets, and a thousand and two others, all this leads the citizens of the country to economic misfortune.

Euro area #inflation expected to be 2.2% in August 2024, down from 2.6% in July. Components: services +4.2%, food, alcohol & tobacco +2.4%, other goods +0.4%, energy -3.0% – flash estimate https://t.co/Sk1SPtBU6b pic.twitter.com/WtROodAv4n

— EU_Eurostat (@EU_Eurostat) August 30, 2024

According to Eurostat, “If we look at the main components of inflation in the eurozone, it is expected that in August the highest the annual figure will be recorded in service sector (4.2% compared to 4.0% in July), followed by food products, alcohol And tobacco (2.4% compared to 2.3% in July), non-energy industrial goods (0.4% compared to 0.7% in July) and energy (-3.0% compared to 1.2% in July)“.

For August the highest inflation rate in the eurozone recorded in:

• Belgium (4.5%),
• Estonia (3.4%),
• the Netherlands (3.3%),
• Slovakia (3.2%) and
• Greece (3.1%).

The most low inflation rates recorded in:

• Latvia (0.9%) and
• Finland, Ireland and Slovenia (all three – 1.1%).

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