Greek inflation rate modestly decelerated in November
Greek inflation rate modestly decelerated in November
  Economy  |  Greece

Greek inflation rate modestly decelerated in November

In November 2021, the annual rate of change of the CPI was 4.8%
RE+D magazine
09.12.2022

The CPI in November 2022 compared with November 2021, increased by 8.5%, according to data unveiled by ELSTAT. In November 2021, the annual rate of change of the CPI was 4.8%

The Overall CPI remained unchanged in November 2022, compared with the corresponding index in October 2022. This result is, mainly, due to the changes in the groups of goods and services as follows: 

1. An increase of: 

• 0.9% in the group Food and non-alcoholic beverages, due to the increase, mainly, in the prices of: bread, other bakery products, beef, yoghurt, cheese, olive oil, fresh fruit, frozen vegetables, fruit juices. This increase was partly offset by the decrease, mainly, in the prices of: pasta products and couscous, fresh vegetables. 

• 0.3% in the group Alcoholic beverages and tobacco, due to the increase, mainly, in the prices of alcoholic beverages (not served). 

• 0.6% in the group Household equipment, due to the increase, mainly, in the prices of non-durable household articles. • 0.9% in the group Transport, due to the increase, mainly, in the prices of: new motor cars, petrol. This increase was partly offset by the decrease, mainly, in the prices of: diesel, tickets for passenger transport by air. 

• 0.5% in the group in the group Miscellaneous goods and services, due to the increase, mainly, in the prices of other appliances and articles for personal care. 

2. A decrease of: 

• 4.7% in the group Clothing and footwear, due to the decrease in the prices of clothing and footwear. 

• 0.5% in the group Housing, due to the decrease, mainly, in the prices of heating oil. This decrease was partly offset by the increase, mainly, in the prices of rentals for dwellings, electricity. 

• 0.6% in the group Hotel-Cafés-Restaurants, due to the decrease, mainly, in the prices of hotels-motels-inns. This decrease was partly offset by the increase, mainly, in the prices of restaurants-confectioneries-cafes.

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