CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes

EconomyMacroeconomy Tags: CPI, ELSTAT
Photo via https://flic.kr/p/4jiDas
Photo via https://flic.kr/p/4jiDas

Greece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.

The average CPI for the rolling 12-month period, which in this case is the average index for 2021, increased by 1.2 percent. Month-on-month, the CPI for December rose by a more modest 0.7 percent.

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