- Analytics
- News and Tools
- Market News
- Greek EU-harmonised inflation negative for 11th month in February
Greek EU-harmonised inflation negative for 11th month in February
Reuters reports that data from the country's statistics service ELSTAT showed that Greece's annual EU-harmonised inflation stayed negative for an 11th month in a row in February.
The reading was -1.9% year-on-year from -2.4% in January. The data also showed headline consumer price inflation at -1.3%, from -2.0% in the previous month.
Prices were led lower by transport, housing and consumer durables, affected by a second lockdown the country imposed to stem a surge in COVID-19 infections.
Greece went through a deflationary phase during its debt crisis as wage and pension cuts and a lengthy recession took a heavy toll on household incomes.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
