Greece’s annual inflation rate clocked at 1.6% in April

11 May 2017
823 Views

The annualized inflation rate in Greece eased to 1.6 percent in April, slightly down from 1.7 percent in March, increases that came after several consecutive months of deflation or zero inflation, mostly the result of increased VAT rates and special consumption taxes in the bailout-dependent country.

Higher surcharges were imposed at the beginning of the year on everything from tobacco products, telecoms services to beer, fuels and even subscriber TV rates.

The figure for the same month in April 2016, for instance, was 1.3 percent, according to Greece’s independent statistical authority (EL.STAT).

EL.STAT said the consumer price index rose 0.6 percent from March 2017 to April 2017.

You may be interested

Mitsotakis: We expect the extension of our EEZ demarcation agreement with Egypt soon
POLITICS
shares14 views
POLITICS
shares14 views

Mitsotakis: We expect the extension of our EEZ demarcation agreement with Egypt soon

makis - Jun 21, 2021

The Greek Prime Minister, Kyriakos Mitsotakis, is in Cairo, for his official visit to Egypt. Kyriakos Mitsotakis was received at…

Two Greek islands in best-hidden of the Mediterranean: Telegraph
GREECE
shares49 views
GREECE
shares49 views

Two Greek islands in best-hidden of the Mediterranean: Telegraph

Panos - Jun 18, 2021

British media outlet Telegraph included the Greek islands of Karpathos and Alonissos in its top 20 holiday destinations in the…

Coronavirus Greece: 519 new cases, 321 intubated, 16 deaths
GREECE
shares50 views
GREECE
shares50 views

Coronavirus Greece: 519 new cases, 321 intubated, 16 deaths

Panos - Jun 18, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 519, of which 2…

Leave a Comment

Your email address will not be published.