Grecia Actividad económica April 2023

Grecia: Harmonized inflation falls in April

Harmonized inflation dropped to 4.5% in April from March’s 5.4%. April’s figure marked the weakest inflation rate since December 2021. The result was driven by moderating price pressures for food and non-alcoholic beverages and for housing and utilities.

In addition, the trend pointed down, with annual average harmonized inflation coming in at 8.8% in April (March: 9.2%). Meanwhile, consumer price inflation fell to 3.0% in April, from the previous month’s 4.6%.

Finally, harmonized consumer prices rose 1.11% in April over the previous month, slowing down from the 1.57% increase seen in March.