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Eurostat: Grk inflation falls to 5.2pct in Oct.

Greek inflation fell to 5.2 percent in October 2010 from 5.7 percent in September, according to figures released by Eurostat in Brussels on Tuesday.

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Greek inflation fell to 5.2 percent in October 2010 from 5.7 percent in September, according to figures released by Eurostat in Brussels on Tuesday.

Greek inflation fell to 5.2 percent in October 2010 from 5.7 percent in September, according to figures released by Eurostat in Brussels on Tuesday.

Euro area inflation was 1.9 percent in October, up from 1.8 percent in September, while a year earlier the reate was -0.1 percent. Monthly inflation was 0.4 percent in October 2010.

Inflation in the entire EU was 2.3 percent in October, up from 2.2 percent in September, while a year earlier the rate was 0.g percent. Monthly inflation was 0.3 percent in October.

In October 2010, the lowest annual rates were observed in Ireland (-0.8%), Latvia (0.9%) and Slovakia (1.0%), and the highest in Romania (7.9%), Greece (5.2%) and Estonia (4.5%).

Compared with September 2010, annual inflation rose in fifteen Member States, remained stable in six and fell in five. The lowest 12-month averages up to October 2010 were registered in Ireland (-1.9%), Latvia (-1.8%) and Slovakia (0.5%) and the highest in Romania (5.5%), Hungary (4.9%) and Greece (4.3%).

 

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