Thursday, March 10, 2011

Inflation up by 4.4% in February

Greek inflation rose by 4.4 percent in February year-on-year against February 2010, according to figures released on Thursday by the independent Hellenic Statistical Authority (ELSTAT). The Consumer Price Index (CPI) in February 2011 compared with February 2010, increased by 4.4%. In February 2010, the annual rate of change of the CPI was 2.8%.
The CPI in February 2011 compared with January 2011 decreased by 1.3%. In February 2010, the monthly rate of change of the CPI was -0.5%.
 
In the twelve-month period from March 2010 to February 2011 compared with the period from March 2009 to February 2010 the annual average rate of change of the CPI was 5.1%. The corresponding annual average rate of change of the CPI in the previous year (March 2009 to February 2010), was 1.4%.
The Harmonized Index of Consumer Prices (HICP) in February 2011 compared with February 2010, increased by 4.2%. In February 2010, the annual rate of change of the HICP was 2.9%.
The HICP in February 2011 compared with the preceding month of January 2011, decreased by 1.3%. In February 2010, the monthly rate of change of the HICP was -0.6%.
In the twelve-month period from March 2010 to February 2011 compared with the period from March 2009 to February 2010, the annual average rate of change of the HICP was 5.0%. The previous year, in the corresponding twelve - month period, the annual average rate of change of the HICP was 1.5%.

source: ANA-MPA