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Greek EU-harmonised Inflation Rises to 3.5% Y/y in July
Published by Uma Rajagopal
Posted on August 8, 2023
1 min readLast updated: February 1, 2026
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Published by Uma Rajagopal
Posted on August 8, 2023
1 min readLast updated: February 1, 2026
Add as preferred source on Google(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday.
(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday.
EU-harmonised inflation is an index of components that is used across the EU to measure inflation in a consistent way.
Official statistics service ELSTAT also reported that headline consumer inflation in July rose to +2.5% from a downwardly revised +1.8% in June.
(Reporting by Antonis Pothitos in Gdansk)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power.
EU-harmonised inflation is a measure used across the European Union to ensure consistency in inflation calculations among member states.
Consumer inflation refers to the increase in prices that consumers pay for a basket of goods and services over time.
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