The Hellenic Ststistical Authority pegged inflation in Greece at 9.1% for October. In September, inflation in Greece stood at 12%, showing a decrease of almost 3 points in a month.
Price hikes were led by natural gas with 68.4%, remaining steady (but reduced). This is followed by the transport of passengers by taxi with 32.9%, the transport of passengers by plane with 30.6%, the transport of passengers by ship with 26.7%, while hotel boarding rose by 20.2%. Solid fuel prices rose by 23.3% and heating oil by 20.8%.
Food prices “rally”
Beyond that, the “rally” in food prices continues with the overall category “rising” by 14.8% in October, from 13.5% in September. In any case it remains above the level of average inflation. In particular, food prices “run” at high rates. As can be seen, prices for dairy products and eggs increased by 24.2%, bread and cereals by 19.3%, meats by 17.3%, intermediate household consumption items by 16.1%.
As can be seen from the comparison of the General Consumer Price Index for the month of October 2022 with the corresponding Index of October 2021, there was an increase of 9.1% against an increase of 3.4% that occurred during the corresponding comparison of 2021 with 2020. 
The CPI in October 2022 compared with October 2021, increased by 9.1%. In October 2021, the annual rate of change of the CPI was 3.4%.
The CPI in October 2022 compared with September 2022, decreased by 1.2%. In October 2021, the monthly rate of change of the CPI
was 1.5%.
The average CPI for the twelve – month period from November 2021 to October 2022, compared with the corresponding index for the period November 2020 to October 2021 increased by 9.2%. The annual rate of change of the average CPI between the twelve – month period November 2020 to October 2021 in comparison to the period November 2019 to October 2020 remained unchanged.
Categories that lead in price hikes
The 1.2% decrease of the Overall CPI in October 2022, compared with the corresponding index in September 2022 is, mainly, due
to the changes in the groups of goods and services as follows:
1. A decrease of:
• 11.5% in the group Housing, due to the decrease, mainly, in the prices of: electricity, natural gas, heating oil. This decrease was partly offset by the increase, mainly, in the prices of rentals for dwellings.
• 0.3% in the group Hotel-Cafés-Restaurants, due to the decrease, mainly, in the prices of hotels-motels-inns. This decrease was partly offset by the increase, mainly, in the prices of restaurants-confectioneries-cafes.
2. An increase of:
• 1.3% in the group Food and non-alcoholic beverages, due to the increase, mainly, in the prices of: bread, pasta products and couscous, beef, pork, lamb and goat, fresh whole milk, cheese, olive oil, fresh fruit, fresh vegetables, potatoes. This increase was partly offset by the decrease, mainly, in the prices of fresh fish.
• 3.5% in the group Clothing and footwear, due to the increase in the prices of clothing and footwear.
• 1.6% in the group Household equipment, due to the increase, mainly, in the prices of: non-durable household articles, domestic services.
• 2.1% in the group Transport, due to the decrease, mainly, in the prices of: new motor cars, second hand motor cars, diesel, petrol, tickets for passenger transport by air.
• 0.4% in the group in the group Miscellaneous goods and services, due to the increase, mainly, in the prices of hairdressing salons and personal grooming establishments.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
