Greek inflation in May 2024 registered a slight 0.3% drop to 2.4% from April’s 2.4% rate. However, the consumer price Index (CPI) in May 2024 compared with May 2023, increased by 2.4%, acording to the country’s statistical authority, ELSTAT. In May 2023, the annual rate of change of the CPI was 2.8%.
The average inflation in Greece for the twelve – month period from June 2023 to May 2024, compared with the corresponding index for the period June 2022 to May 2023 increased by 2.8%. The annual rate of change of the average CPI between the twelve – month period June 2022 to May 2023 in comparison to the period June 2021 to May 2022 was 7.8%.
The 0.3% decrease of the Overall Greek inflation in May 2024, compared with the corresponding index in April 2024 is, mainly, due to the changes in the groups of goods and services as follows:
1. A decrease of:
• 0.5% in the group Food and non-alcoholic beverages, due to the decrease, mainly, in the prices of: pork, milk whole fresh, fresh
fruit, fresh vegetables. This decrease was partly offset by the increase, mainly, in the prices of: bread and cereals, poultry, fresh
fish, yoghurt.
• 0.3% in the group Alcoholic beverages and tobacco, due to the decrease, mainly, in the prices of alcoholic beverages (not
served).
• 0.6% in the group Housing, due to the decrease, mainly, in the prices of electricity. This decrease was partly offset by the
increase, mainly, in the prices of: rentals for dwellings, natural gas.
• 0.4% in the group Household equipment, due to the decrease, mainly, in the prices of non-durable household articles.
• 0.4% in the group Transport, due to the decrease, mainly, in the prices of fuels and lubricants. This decrease was partly offset
by the increase, mainly, in the prices of tickets for passenger transport by air.
• 0.8% in the group Miscellaneous goods and services, due to the decrease, mainly, in the prices of other appliances and articles
for personal care.
2. An increase of:
• 0.8% in the group Clothing and footwear, due to the increase in the prices of clothing and footwear.
• 0.2% in the group Hotel-Cafés-Restaurants, due to the increase, mainly, in the prices of restaurants-confectioneries-cafes-buffets.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-600x400.jpg)
