Home News Greek EU-harmonised inflation rises in September

Greek EU-harmonised inflation rises in September

by maria

ATHENS (Reuters) -Greece’s annual EU-harmonised inflation stayed positive for a fourth straight month in September, data from the country’s statistics service ELSTAT showed on Friday.

Inflation was 1.9% year-on-year last month, jumping from 1.2% in August.

EU-harmonised inflation is an index of components that is used across the EU to measure inflation in a consistent way.

Transport, housing, food and non-alcoholic drinks drove prices higher.

Headline consumer inflation in Greece also picked up, to 2.2% last month from 1.9% in August, the data showed.

Greece went through a deflationary phase during its debt crisis as wage and pension cuts and a protracted economic recession took a heavy toll on household incomes.

(Reporting by Angeliki Koutantou; Editing by Catherine Evans)

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