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Drop in Greek CPI decelerated to 1.1 pct in September

Greece’s Consumer Price Index (CPI) remained on negative ground in September, easing by 1.1 percent compared to a 1.3-percent drop recorded in August. On a monthly basis, CPI rose by 2.6 percent, while the average rate of CPI change over the trailing twelve months turned negative at -0.1 percent for the first time.
The picture remains rather mixed in the various sectors. In particular, prices in two segments, namely housing and alcoholic beverages and tobacco, exhibited an increase of 7.5 and 3.5 percent respectively, while clothing and footwear prices remained al...
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