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Greek Consumer Price Inflation Rises In February

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03/09/2010 05:41

Tuesday, the General Secretariat of the National Statistical Service of Greece announced that the consumer price index or CPI rose 2.8% year-on-year in February, faster than the 2.4% growth in the previous month. A year earlier, the CPI was up 1.6%.

Food and non-alcoholic beverages prices fell 1.7% on an annual basis in February, while clothing and footwear prices dropped 1.5%. Transport charges were up 11.4%.

On a monthly basis, the CPI was down 0.5% in February, after falling 0.7% in January.

Meanwhile, the harmonized index of consumer prices or HICP rose 2.9% year-on-year in February, faster than the 2.3% growth in the prior month. The HICP was down 0.6% compared to the preceding month.

Tuesday, the General Secretariat of the National Statistical Service of Greece announced that the consumer price index or CPI rose 2.8% year-on-year in February, faster than the 2.4% growth in the previous month. A year earlier, the CPI was up 1.6%. (Market News Provided by RTTNews)

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