Greek inflation rose to 3.1 pct in Sept

Greek inflation rose to 3.1 pct in September from 1.7 pct in August reflecting increases in housing and transportation prices (electricity bills, natural gas and petrol), the Hellenic Statistical Authority said on Tuesday.

    The statistics service, in a monthly report, attributed this development to a 2.2-pct increase in food/beverage prices, a 5.8-pct rise in alcohol/tobacco prices, a 2.8-pct increase in clothing/footwear, an 8.3-pct rise in housing prices, a 0.8-pct rise in durable goods, a 4.8-pct increase in transportation prices, a 0.6-pct rise in communications, a 2.9-pct rise in hotel/coffee/restaurant prices and a 2.7-pct increase in other goods and services.

    On the other hand, health prices fell 0.7 pct, leisure was down 0.3 pct and education prices fell 0.4 pct in September.

    The inflation rate was up 5.6 pct in September 2010. The consumer price index rose 3.3 pct in September compared with August, after an increase of 1.9 pct recorded in the same period last year.

    Greece’s harmonised inflation rate rose to 2.9 pct in September from 1.4 pct in August and 5.7 pct in September 2010.

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