November 9, 2024

Athens News

News in English from Greece

Inflation in Greece in October was 3.2%, according to Eurostat


According to data published by the European Statistical Office (Eurostat), inflation in Greece was 3.2% in October, up from 3.1% a month earlier, and in the eurozone at 2%.

As for the main components of inflation in the euro area, in October the highest annual rate was recorded in the services sector (3.9%, stable compared to September), followed by food, alcohol and tobacco (2.9%, compared to 2 .4% in September), non-energy industrial goods (0.5%, compared to 0.4% in September) and energy (-4.6%, compared to -6.1% in September).

“Eurozone consumer price growth is moving towards the European Central Bank's 2% target, but the battle is not yet won,” ECB President Christine Lagarde said in an interview with Le Monde published on Thursday.



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