Greece Inflation Rate

The inflation rate in Greece was recorded at -1.30 percent in March of 2014. Inflation Rate in Greece is reported by the National Statistical Service of Greece. Inflation Rate in Greece averaged 9.14 Percent from 1960 until 2014, reaching an all time high of 33.70 Percent in January of 1974 and a record low of -2.90 Percent in November of 2013. In Greece, the most important categories in the consumer price index are: food and non-alcoholic beverages (17 percent of total weight); transport (13 percent); housing (12 percent) and hotels, coffee shops and restaurants (11 percent). The index also includes: clothing and footwear (9 percent); health (7 percent); furnishing and household equipment (7 percent); recreation and culture (5 percent); communication (5 percent). Education, alcoholic beverages, tobacco and other goods and services account for the remaining 14 percent of total weight. This page provides - Greece Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.30 -1.10 33.70 -2.90 -2.06 | 2014/04 1960 - 2014 Percent Monthly


Greece Inflation Rate

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-13 10:00 AM Greece
Inflation Rate YoY
Dec 2013 -1.7% -2.9% -2.2% -3%
2014-02-14 10:00 AM Greece
Inflation Rate YoY
Jan 2014 -1.5% -1.7% -1.79%
2014-03-10 10:00 AM Greece
Inflation Rate YoY
Feb 2014 -1.1% -1.5% -1.87%
2014-04-10 10:00 AM Greece
Inflation Rate YoY
Mar 2014 -1.3% -1.1% -1.1% -1.97%
2014-05-09 10:00 AM Greece
Inflation Rate YoY
Apr 2014 -1.3% -2.06%
2014-06-10 10:00 AM Greece
Inflation Rate YoY
May 2014 -2.14%

Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate -1.30 2014-03-31 -1.10 33.70 -2.90 -2.06 2014-04-30 Percent [+]
Core Inflation Rate -2.59 2013-12-15 -3.93 3.13 -3.93 -2.98 2014-01-31 Percent [+]
Consumer Price Index (CPI) 108.42 2014-03-15 105.94 111.34 1.14 108.54 2014-03-31 Index Points [+]
Core Consumer Prices 97.80 2014-02-15 99.50 105.30 97.80 98.57 2014-01-31 Index Points [+]
GDP Deflator 113.09 2013-06-30 115.48 115.85 86.05 112.85 2013-12-31 Index Points [+]
Harmonised Consumer Prices 120.89 2014-03-15 118.70 123.05 118.70 121.94 2014-03-31 Index Points [+]
Import Prices 108.30 2014-02-15 107.50 137.90 1.30 105.96 2014-02-28 Index Points [+]
Producer Prices 133.90 2014-02-15 135.40 139.50 68.80 133.43 2014-03-31 Index Points [+]
Producer Prices Change -3.47 2014-02-15 -0.88 15.57 -11.03 -1.94 2014-03-31 Percent [+]

Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


Greece Unemployment Rate Falls to 11-Month Low  
In January of 2014, Greek seasonally adjusted jobless rate fell to 26.7 down from a revised 27.2 percent in the previous month, but up from 26.5 percent a year earlier. Revised figures showed the unemployment fell for the fourth straight month.
Greek Trade Deficit Widens in February  
Greek trade deficit increased for the second consecutive month to a preliminary estimate of € -1.98 billion, due to a 7 percent drop in exports. A year earlier, the trade deficit reached € 1.76 billion.
Greek Trade Deficit Narrows in January  
Trade deficit in Greece narrowed to €1.62 billion in January of 2014 from €1.90 billion a year earlier, as imports shrank at a faster pace than exports. Compared with December of 2013, the trade deficit narrowed 16 percent, according to preliminary estimates.
Greece Unemployment Rate Falls Slightly  
In December of 2013, Greek seasonally adjusted jobless rate decreased marginally to 27.5 percent, compared to a downwardly revised 27.6 percent in November. The figure is more than twice the Euro Area’s average of 12 percent.
Greece Unemployment Rate Edges Up in November 2013  
In November of 2013, Greek jobless rate rose to a new record high at 28 percent from a revised 27.7 percent in October and 26.3 percent last year. Unemployment in Greece is more than twice the euro zone's record-high of 12.1 percent in the same period.
Greek Trade Deficit Narrows in December  
Preliminary estimates showed the Greek trade deficit decreased in the last month of 2013 to € 1.39 billion from € 1.5 billion in November and € 1.4 billion a year earlier.
Greek Unemployment Rate Up to 27.8% in October  
In October of 2013, Greece jobless rate slightly rose to a new record 27.8 percent, up from a revised 27.7 percent in September. A year ago, unemployment was recorded at 26.1 percent.
Greece Unemployment Rate at 27.4% in September  
The seasonally adjusted jobless rate in September of 2013 was 27.4 percent compared to 26.0 percent in September of 2012 and 27.3 percent in August.
Greek Trade Deficit Widens in October  
In October of 2013, Greece trade deficit increased to € 1.84 billion, from €1.54 billion in September, as exports fell while imports rose for the third consecutive month.
Greece Unemployment Rate Remained Unchanged in August  
In August, Greek jobless rate was 27.3 percent compared to 25.5 percent in August 2012 and 27.3 percent in July 2013. Youth unemployment grew to 60.6 percent.


Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News