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Athens News Agency: News in English, 09-07-07

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From: The Athens News Agency at <>


  • [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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