FOREX TradingCharts.com

Financial News: Greece Inflation Highest Since September 1994

Greece Inflation Highest Since September 1994

06/09/2022 - 07:17:00 (RTTNews)

(RTTNews) - Greece's consumer price inflation accelerated further in May to reach its highest level in nearly twenty eight years, data from the Hellenic Statistical Authority showed on Thursday.

The consumer price index climbed 11.3 percent year-over-year in May, faster than the 10.2 percent increase in April. Prices have been growing since May 2021.

Furthermore, this was the highest inflation rate since September 1994, when prices had risen 11.7 percent.

The recent upturn in inflation was largely driven by a 35.0 percent jump in housing costs. Transport charges also registered a double-digit growth of 18.8 percent.

Prices for food and non-alcoholic beverages rose 12.1 percent annually in May and those for clothing and footwear went up 5.6 percent.

The EU measure of harmonized index of consumer prices, or HICP, climbed 10.5 percent yearly in May, following a 4.0 percent gain in November.

On a monthly basis, the HICP increased at a slower rate of 0.9 percent in May, after a 2.0 percent gain in the preceding month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Manufacturing Sector Picks Up Steam In June - S&P Global (20 min(s), 23 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, the latest survey f ...Full Story»

New Zealand Building Permits Slip 0.5% In May (39 min(s), 23 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story»

BoJ Tankan Survey On Tap For Friday (01 hr(s), 35 min(s), 23 sec(s) ago)
(RTTNews) - The Bank of Japan will on Friday release its quarterly Tankan Survey of business senti ...Full Story»

French Inflation Accelerates More Than Forecast; Producer Prices Fall (09 hr(s), 14 min(s), 23 sec(s) ago)
(RTTNews) - France's consumer price inflation accelerated at a faster-than-expected pace in Ju ...Full Story»

Chicago Business Barometer Drops To Nearly Two-Year Low In June (09 hr(s), 18 min(s), 23 sec(s) ago)
(RTTNews) - MNI Indicators released a report on Thursday showing growth in Chicago-area business a ...Full Story»

Riksbank Lifs Interest Rate By 50 Bps; More Hikes To Follow (09 hr(s), 20 min(s), 23 sec(s) ago)
(RTTNews) - Sweden's central bank raised its interest rate by half a percentage point on Thurs ...Full Story»

Portugal Inflation Highest Since December 1992 (09 hr(s), 19 min(s), 23 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation accelerated further in June to reach its highe ...Full Story»

Brazil Unemployment Rate Lowest Since 2015 (09 hr(s), 41 min(s), 23 sec(s) ago)
(RTTNews) - Brazil's unemployment rate decreased in the three months ended May to reach its lo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Manufacturing Sector Picks Up Steam In June - S&P Global

06/30/2022 - 19:16 PM (RTTNews)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, the latest survey f ...Full Story>>

New Zealand Building Permits Slip 0.5% In May

06/30/2022 - 18:57 PM (RTTNews)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story>>

BoJ Tankan Survey On Tap For Friday

06/30/2022 - 18:01 PM (RTTNews)
(RTTNews) - The Bank of Japan will on Friday release its quarterly Tankan Survey of business senti ...Full Story>>

French Inflation Accelerates More Than Forecast; Producer Prices Fall

06/30/2022 - 10:22 AM (RTTNews)
(RTTNews) - France's consumer price inflation accelerated at a faster-than-expected pace in Ju ...Full Story>>

Chicago Business Barometer Drops To Nearly Two-Year Low In June

06/30/2022 - 10:18 AM (RTTNews)
(RTTNews) - MNI Indicators released a report on Thursday showing growth in Chicago-area business a ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.