Greek inflation fell to 1.7 percent in August on an annual basis from 5.5 percent in the corresponding month in 2010, the independent Hellenic Statistical Authority (ELSTAT) said on Wednesday.
ELSTAT, in a report, said that the Consumer Price Index (CPI) in August 2011 compared with August 2010, increased by 1.7%. In August 2010, the annual rate of change of the CPI was 5.5%).
The CPI in August 2011 compared with July 2011 decreased by 1.4%. In August 2010, the monthly rate of change of the CPI was -0.7%).
In the twelve-month period from September 2010 to August 2011 compared with the period from September 2009 to August 2010 the annual average rate of change of the CPI was 4.1%. The corresponding annual average rate of change of the CPI in the previous year (September 2009 to August 2010), was 3.5%.
Also, harmonised inflation fell to 1.4 percent in August from 5.6 percent in August 2010.
The Harmonized Index of Consumer Prices (HICP) in August 2011 compared with August 2010, increased by 1.4%. In August 2010, the annual rate of change of the HICP was 5.6%.
The HICP in August 2011 compared with July 2011, decreased by 1.4%. In August 2010, the monthly rate of change of the HICP was -0.7%.
In the twelve-month period from September 2010 to August 2011 compared with the period from September 2009 to August 2010, the annual average rate of change of the HICP was 4.0%. The previous year, in the corresponding twelve - month period, the annual average rate of change of the HICP was 3.5%.