Inflation edges 2.7% higher in January

Economy
Sat, 15 Feb 2025 8:41 GMT
Inflation in Greece amounted to 2.7% in January, marginally higher than the 2.6% recorded in December, the Hellenic Statistical Authority (ELSTAT) reported on Friday.
Inflation edges 2.7% higher in January

Inflation in Greece amounted to 2.7% in January, marginally higher than the 2.6% recorded in December, the Hellenic Statistical Authority (ELSTAT) reported on Friday.

On a monthly basis, the consumer price index fell by 0.7%, compared to a 0.8% decrease in the corresponding comparison of the previous year.

ELSTAT data show that the cost of natural gas jumped by 26.5% year-on-year in January, amid concerns about a new chapter in Europe’s energy crisis.

Rents increased by 9.2%. In tourism-related sectors there was a considerable hike, as air travel became 31.6% more expensive last month on an annual basis, while hotel prices rose by 16.8%.

The food category showed a marginal price increase of 0.1% in January, as price decreases of 10.5% in olive oil, 2.7% in fruit and 1.3% in vegetables were offset by increases of 7.6% in water and soft drinks, 7.1% in fish, 5.7% in beef and 3.9% in chocolate.

Kathimerini

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