Inflation in Greece saw a slight decline in February, settling at
Inflation in Greece saw a slight decline in February, settling at 3%, down from 3.1% in January, according to data from the European Union’s statistical authority, EUROSTAT.
In the eurozone, inflation stood at 2.4% in February, compared to 2.5% the previous month.
Examining the main components of inflation in the eurozone, services recorded the highest annual rate in February (3.7%, down from 3.9% in January), followed by food, alcohol, and tobacco (2.7%, up from 2.3%), non-energy industrial goods (0.6%, up from 0.5%), and energy, which remained at 0.2%.
In contrast to inflation in Greece, France experienced its lowest level of CPI in four years. According to the national statistics agency Insee, consumer prices rose by just 0.9% year-on-year in February, down from 1.8% in January.
According to Eurostat’s previous report, in January, services recorded the highest annual inflation rate in the eurozone at 3.9%, slightly down from 4.0% in December.
Following closely were food, alcohol, and tobacco at 2.3% (from 2.6% in December), energy at 1.8% (up from 0.1%), and non-energy industrial goods, which remained stable at 0.5%.
In the previous January report, data indicated that Greece’s Consumer Price Index (CPI) rose by 2.9% annually in December, slightly
Content Original Link:
Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
" target="_blank">Read Full article form Original Source OIKONOMIKOS TAXYDROMOS
