The annual inflation rate in Greece slowed further in February 2023, reaching 6.1 percent, down from 7 percent in January 2023 and 7.2 percent in the corresponding month of 2022, Hellenic Statistical Authority announced on Monday.
Nevertheless, the easing of the inflation rate was primarily attributed to a decrease in electricity rates, whereas the consumer price index for foodstuffs ominously increased by 14.8 percent during the same month.
Specifically, electricity rates fell 22.4 percent in February 2023, compared with the same month last year, while end-of-season heating oil prices fell by 5.1 percent.
Conversely, the price for natural gas prices rose by 37.1 percent, and by 25.3 percent for other fuels.
The breakdown for price hikes in terms of foodstuffs include bread-cereals (16.8 percent), meats (20 percent), fish (2.6 percent), milk-eggs (25.2 percent), cooking oils (22.9 percent), vegetables (8.6 percent), sugar-chocolate-ice cream (9.2 percent), coffee-cocoa-tea (13 percent), mineral waters-beverages-juices (9 percent) and alcohol (7.2 percent).
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign
Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00
Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.
![Τουρκία: Μεγάλες βλέψεις για παραγωγή ηλεκτρικών οχημάτων [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/03/ot_turkish_autos-90x90.png)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
