Inflation rate in Greece jumped to 3.9% in October from 2.4% in September in contrast with a sharp fall in the inflation in the Eurozone, the Eurostat said in its flash estimate on Tuesday.
Euro area #inflation at 2.9% in October 2023, down from 4.3% in September. Components: food, alcohol & tobacco +7.5%, services +4.6%, other goods +3.5%, energy -11.1% – flash estimate https://t.co/q47wB1bmIu pic.twitter.com/BA5X96dgL9
— EU_Eurostat (@EU_Eurostat) October 31, 2023
Inflation in the Eurozone fell to 2.9% from 4.3% over the same months, respectively, the EU Statistics Authority added.
Eurostat also reported provisional data on Eurozone’s GDP in the third quarter of 2023, which showed a slowdown of the economy.
Eurozone’s GDP fell 0.1% in the third quarter of the year compared with the second quarter, but rose 0.1% in comparison with the third quarter of 2022. There were no national data.
