Greece's EU Measure of inflation decreased for the first time in four months in September, defying economists' forecast for a further increase, figures from the Hellenic Statistical Authority showed Monday.
The harmonized index of consumer prices, or HICP, edged down 0.1 percent year-over-year in September, reversing a 0.4 percent rise in August. It was expected to climb by 0.6 percent.
Prices of food and non-alcoholic beverages fell 1.3 percent annually in September and housing costs dipped by 3.8 percent. At the same time, transport costs grew 2.2 percent.
Month-on-month, the HICP climbed 0.7 percent in September, after remaining flat in the preceding month.
The consumer price index declined 1.0 percent yearly in September, following a 0.9 percent drop in the prior month.
That was above the 0.6 percent fall expected by economists. Prices have been falling since March 2013.
On a monthly basis, consumer prices climbed 1.8 percent from August, when it decreased by 0.3 percent.
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