Reference Inflation Rate YoY Core consumer prices in Greece increased 0.10 percent in May of 2020 over the same month in the previous year.
It was the third consecutive decline in consumer prices, as cost continued to drop for transport (-9.1 percent vs -7 percent in May); housing (-4.5 percent vs -3.9 percent); communication (-2.4 percent vs -2.2 percent); recreation & culture (-1.2 percent vs -0.9 percent); household equipment (-1.2 percent vs -0.8 percent) and miscellaneous goods & services (-1 percent vs -0.8 percent). On the other hand, prices rebounded for food & non-alcoholic beverages (1 percent vs -0.1 percent). Meantime, inflation was steady for hotels, cafes and restaurants (at 0.6 percent) and health (at 1.5 percent). Euro area annual inflation was 0.3 % in June 2020, up from 0.1 % in May 2020. On a monthly basis, consumer prices went down 0.5 percent, after a 1.6 percent rise in March.Consumer prices in Greece showed no growth from a year earlier in March of 2020, after a 0.2 percent rise in the previous month. That is 0.90 less than it was in the preceding 2013 and 2.44% less than in the following year of 2015. For details on parameters and usage conditions please refer to the Inflation Rate YoY
Inflation Rate YoY Downward pressure came from transport (-7.0 percent vs -6.1 percent in April), housing (-3.9 percent vs -4.7 percent), communication (-2.2 percent vs -2.3 percent), recreation & culture (-0.9 percent vs -1.3 percent), household equipment (-0.8 percent vs -1.6 percent) and miscellaneous goods & services (-0.8 percent, the same as in April).Consumer prices in Greece decreased 1.4 percent year-on-year in April of 2020, after showing no growth in the previous month.
Looking forward, we estimate Inflation Rate in Greece to stand at -0.40 in 12 months time.
1960-2020 Data | 2021-2022 Forecast | Calendar | Historical In 2014 Greece ranked #1 in the world by yearly inflation rate. Inflation Rate in Greece is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Monthly inflation rate in Greece was -1.77% in January 2019. Inflation Rate YoY Also charts support parameters that help adjust the charts look and feel. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Inflation Rate YoY
The Commission publishes a full set of macroeconomic forecasts for the EU and its Member States in spring (May) and autumn (November) and publishes interim forecasts updating GDP and inflation figures in winter (February) and summer (July). The inflation rate is based upon the consumer price index (CPI). Euro area annual inflation rate and its main components. Inflation Rate YoY TEForecast On a monthly basis, consumer prices surged 1.6 percent, rebounding from a 0.5 percent decline in February.In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (17 percent of total weight); transport (13 percent); housing (12 percent) and hotels, cafés and restaurants (11 percent). Inflation Rate YoY Economic forecast for Greece; Economic forecast for Greece. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. That is 1.87 less than it was in December 2018 and 0.12 less than in January 2018. The statistic shows the inflation rate in Greece from 1984 to 2019, with projections up until 2021.
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greece inflation rate 2014