Consumer prices drop further by 2.2 pct in June

EconomyMacroeconomy Tags: ELSTAT
Photo by MacroPolis
Photo by MacroPolis

The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates the seven straight negative reading above the 2-percent mark.

On the flipside, the harmonised index of consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May. The highest negative reading was posted in January and follows a decelerating trend thereafter.   

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