Greece's consumer price inflation slowed to the lowest level in seven months in March, data released by the Hellenic Statistical Authority showed Monday.
The consumer price index increased 1.7 percent year-on-year in March, markedly slower than the 2.1 percent growth seen in February. The latest inflation rate was the lowest since August 2011, when prices moved up 1.7 percent.
Food and non-alcoholic beverages prices rose 2.4 percent annually, while clothing and footwear prices decreased 3.6 percent. There was a 6.9 percent annual increase in housing costs during the month, and a 3.8 percent gain in transportation costs.
On a monthly basis, consumer prices advanced 2.8 percent in March, reversing the 1.5 percent decrease seen in the previous month.
The harmonized index of consumer prices (HICP), measured under the EU methodology, increased 1.4 percent annually in March, following the previous month's 1.7 percent rise. Month-on-month, the HICP advanced 2.9 percent, recovering from the previous month's 1.7 percent decrease.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.