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Athens News Agency: News in English, 09-07-07
CONTENTS
[01] June inflation at 0.5 pct
[01] June inflation at 0.5 pct
Greek annual inflation was 0.5 pct in June, compared with the same
month last year, the National Statistical Service said on Tuesday. In
its report, the statistics agency attributed the 0.5 pct increase of
the consumer price index to a 3.0 pct increase in food and beverage
prices, a 6.4 pct rise in alcohol and tobacco prices, a 2.9 pct
increase in clothing and footwear, an 1.7 pct rise in durable goods, a
2.8 pct rise in healthcare prices, an 1.0 pct increase in entertainment
prices, a 4.7 pct rise in education, a 2.2 pct increase in hotel prices
and a 2.4 pct rise in other goods and services. Also, housing prices
fell 3.9 pct in June, transportation prices dropped 6.9 pct and
communication prices eased 0.7 pct.
Commenting on the figures, NSS's secretary-general Manolis Kontopyrakis
said the consumer price index was expected to rise slightly in July,
around 0.6 pct because of the imposition of a new consumption tax on
fuel.
The core inflation rate was 1.4 pct in June, for an average rate of
2.30 pct in the first half of 2009, compared with a 3.60 pct figure
last year year. The consumer price index was down 0.1 pct in June from
May, while the country's harmonized inflation rate was 0.7 pct in
June.
Caption: ANA-MPA file photograph
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