Greek CPI falls by 2.1 pct in May, same as April

EconomyMacroeconomy Tags: CPI, ELSTAT
Photo by MacroPolis
Photo by MacroPolis

The rate of drop in the Greek consumer price index (CPI) was unchanged in May, when it remained at 2.1 percent for the second consecutive month, according to the Hellenic Statistical Authority (ELSTAT).

Greece’s CPI has been negative since March 2013, with the highest deflationary readings posted in November 2013 (-2.9 percent) and January 2015 (-2.8 percent).

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