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Inflation in Greece slightly up in July, food up 10.8%

Inflation in Greece rose slightly to 3.4% in July, compared with 2.8% in June, according to Eurostat data.

Eurozone inflation stood at 5.3% in July 2023, down from 5.5% in June.

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in July (10.8%, compared with 11.6% in June).

Τhe price increases in food etc are followed by increase in services (5.6%, compared with 5.4% in June), non-energy industrial goods (5.0%, compared with 5.5% in June) and energy (-6.1%, compared with -5.6% in June).

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