LOGO
LOGO

European Economic News

Greece CPI Falls Less Than Expected In December

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Greece's consumer prices decreased at a slower-than-expected pace in December, figures from the Hellenic Statistical Authority showed Wednesday.

The consumer price index edged down 0.2 percent in year-over-year in December, slower than the 0.7 percent drop in November.

Economists had expected a 0.5 percent decrease for the month. Consumer prices have been falling since March 2013.

In the whole year, overall consumer prices fell 1.7 percent compared with a 1.3 percent decline in 2014.

Housing costs dipped 3.6 percent in December from a year ago and transport costs went down by 2.1 percent. At the same time, prices of food and non-alcoholic beverages grew 2.8 percent.

On a monthly basis, consumer prices rose 0.1 percent in December, in contrast to a 0.8 percent fall in the prior month. It was the first increase in three months.

The EU measure of inflation, or HICP, climbed 0.4 percent annually in December, reversing a 0.1 percent drop in November. The expected rate of increase was 0.3 percent.

Month-on-month, the harmonized index of consumer prices showed no variations in December, following a 0.7 percent decrease in the preceding month.

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.

Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.