April prices ease y-o-y but not for to­bacco, drinks

Kathimerini English - - Business & Finance -

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.

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