Greece Inflation Eases Slightly To 2.8%, Lowest In 20 Months

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2023-06-09 11:10:31  • 1 min

Greece's consumer price inflation eased further in May to the lowest level in more than one-and-a-half years, the Hellenic Statistical Authority said Friday.

The consumer price index climbed 2.8 percent year-over-year in May, following a 3.0 percent gain in April.

Inflation has slowed for the eighth successive month. Moreover, this was the weakest rate since September 2021, when prices had risen 2.2 percent.

On a monthly basis, consumer prices moved up 0.4 percent, after a 0.6 percent rise in the previous month.

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