Greek inflation rate at -2.2 pct in June

The statistics service, in a report, recorded monthly price increases in dairy-eggs (0.7 pct), fresh fruit (16.5 pct), cigarettes (0.9 pct), petrol (0.8 pct), air travel fares (21.5 pct) and hotels (3.1 pct), while on the other hand, price declines were recorded in fresh vegetables (13 pct), house rent (0.6 pct), natural gas (3.4 pct), pharmaceutical products (3.1 pct) and healthcare (0.6 pct).

On an annual basis, price increases were recorded in fresh vegetables (6.0 pct), fresh fruit (2.9 pct), olive oil (11.5 pct), dried fruit and nuts (11.3 pct), coffee (5.0 pct), cigarettes (3.8 pct), electricity (2.0 pct), combined transport (10.6 pct), air travel fares (8.9 pct) and hotels (4.5 pct), while price declines were recorded in bread (1.4 pct), dairy-eggs (0.6 pct), sugar (10.5 pct), meat (0.6 pct), clothing/footwear (3.6 pct), furniture (2.5 pct), pharmaceuticals (1.6 pct), petrol (7.5 pct), theater tickets (16.3 pct) and car insurance (12.4 pct).

The statistics service attributed the -2.2 pct annual change in the consumer price index in June to a 3.6 pct decline in clothing/footwear, a 7.1 pct fall in housing prices, a 2.2 pct decline in durable goods, an 1.3 pct fall in health prices, a 3.1 pct decline in transport, an 1.7 pct fall in leisure, a 3.1 pct decline in education, a 0.6 pct fall in hotel/restaurant prices, a 4.7 pct decline in other goods and services.

On the other hand, prices grew by 1.0 pct in food/beverage, by 2.5 pct in alcohol/tobacco.

The consumer price index rose 0.6 pct in June from May, after a 0.6 pct increase recorded in the same period last year. Greece's harmonized inflation rate was -1.1 pct in June, from -1.4 pct in May.