April prices ease y-o-y but not for tobacco, drinks
Greece’s consumer price index slowed to 3.9 percent year-on-year in April, from 4.5 percent in the previous month, despite rising tobacco and alcoholic drink prices, according to the Hellenic Statistical Authority (ELSTAT).
ELSTAT said yesterday that the price of alcoholic drinks and tobacco products rose 11.6 percent in the last 12 months while utility bills jumped 9.4 percent, mainly due to the rising cost of heating fuel.
Among the items which became cheaper were heath services, including the cost of medicines, where prices retreated 1.2 percent.
Greece’s European Union-harmonized consumer price index recorded an annual increase of 3.7 percent, down from 4.3 percent in March, the country’s statistical service added.
On a eurozone level, that is in the 17 countries that share the single currency, inflation crept up to an unexpectedly high 2.8 percent in April.