Displaying items by tag: deflation

Greek Statistical Authority ELSTAT has proceeded to a negative review of data for the recession in the first and second quarter of 2014, after updating and integrating new data on general government performance.

Last month, consumer prices in Greece decreased by 0.7%, with the yearly deflation momentum lowering from a 1.1% drop in June, as confirmed by the nation's statistics agency and reported by Kathimerini.

Last month, Greece experienced additional deflation; the consumer price index fell -2.1%, compared to last year's May, as reported by Eurostat today.