10
Mon, Mar

Greece’s Inflation Eases to 2.5% in February, but Key Costs Still Soar

Greece’s Inflation Eases to 2.5% in February, but Key Costs Still Soar

Hellenic Shipping News

Greece‘s inflation rate in February 2025 decreased slightly to 2.5%, down

Greece‘s inflation rate in February 2025 decreased slightly to 2.5%, down from 2.7% in January and 2.9% in the same month last year. According to the Hellenic Statistical Authority (ELSTAT), on a monthly basis, inflation fell by 0.1%.

The data shows significant price increases in certain sectors, with hotels seeing a rise of 17.5%, air travel prices going up by 10.8%, rent rising by 9.9%, and health insurance premiums climbing by 7%.

Additionally, electricity prices increased by 6.7%, with clothing and footwear prices edging up by 6.4%, while natural gas prices also saw a 4.1% increase.

Food inflation was relatively mild, at just 0.2%. However, olive oil prices dropped by 16.9%, while other oils increased by 11%. Beef prices surged by 6.7%, nuts rose by 5.7%, and coffee saw a 4.7% increase.

Over the 12-month period from March 2024 to February 2025, the Consumer Price Index (CPI) increased by 2.7%, slightly lower than the 2.9% rise seen in the previous year (March 2023 to February 2024).

The overall 2.5% increase in February 2025 compared to the same month in 2024 was primarily driven by price changes across various categories. Food and non-alcoholic beverages saw a 0.2% rise, mainly due to

Content Original Link:

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

" target="_blank">

Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers