Greek consumer prices decline 0.4% in May
The Hellenic Statistical Authority released its consumer price inflation data for Greece on Thursday. Greek consumer prices slid 0.4% in May, after a 0.7% rise in April.
On a yearly basis, the Greek consumer price index declined 0.9% in May, after a 1.3 fall in April. Consumer prices in Greece declined since March 2013.
Housing prices plunged at an annual rate of 4.6% in May, transport costs dropped by 4.8%, clothing and footwear prices were up 1.2%, while household equipment prices decreased 1.9%.
Prices of food and non-alcoholic beverages climbed at an annual rate of 0.8% in May, while alcoholic beverages and tobacco prices increased by 1.1%.