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Friday, May 20, 2022
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Greek inflation rate jumped to 7.2% in February

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Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

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The Greek annual inflation rate jumped to 7.2% in February, from 6.2% in January and -1.3% in February 2021, Hellenic Statistical Authority said.

Finance Minister Christos Staikouras, in comments made to a radio station, said that he did not exclude the inflation rate rising up to 8% temporarily, depending on developments in Russian natural gas flows.

More specifically, natural gas prices jumped 78%, electriicty was up 71.4%, heating oil rose 41.5%, fuel-lubricants 23.2%, oils/fat 16.8%, vegetables 15.2%, lamb 14.4%, fresh fruit 9.8%, poultry 6.8%, ice cream 6.5%, dairy/eggs 6%, bread/cereals 5.9%, veal 4.2%, coffee 4.1%, fresh fish 3.6%, air transport 22.9%, used cars 11.5%, new cars 7.6%, clothing-footwear 4.5%, motorcycles 4.4%, dental services 1.1%, house rent 0.7%.
The statistics service attributed the 7.2% increase in the consumer price index in February to a 7.1% rise in food/beverage, 5.6% in clothing-footwear, 25.4% in housing, 4.1% in durable goods, 12.2% in transport, 0.9% in education, 1.7% in hospitality. Prices fell 0.2% in alcohol, 3.1% in communications, 0.4% in entertainment and 0.2% in other goods and services.

The consumer price index rose 1.1% in February from January 2022, while the country’s harmonised inflation rate rose 6.3% in February from February 2021 and rose 0.9% compared with January 2022.

SOURCE; AMNA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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