Negative inflation was recorded in supermarkets in July, the third month in a row, according to a survey conducted by the Research Institute of Retail Consumer Goods (IELKA) in large supermarket chains.

The annual inflation rate in Greece is expected to shrink to 2.3 percent in May, down from 3.2 percent in April and 4.1% in May 2023, according to a flash estimate released by Eurostat on Friday.
Euro area annual inflation is expected to be 2.6 percent in May 2024, up from 2.4 percent in April, according to Eurostat's report.

The inflation rate for products sold in supermarket chains was at 2.75% in February 2024, according to research conducted by the Institute of Retail Consumer Goods Research (IELKA) on major supermarket chains. This figure reflects a slight decrease compared to the 3% inflation rate observed in January 2024.