Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May

EconomyMacroeconomy Tags: CPI, ELSTAT

The Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop in May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.

The monthly evolution shows the CPI rose 0.6 percent month on month, primarily attributed to an 8.5 percent rise in clothing and footwear prices. The latter’s performance in June reversed the 8.9 percent drop posted in May, which reflected the (second) ...

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