Greek inflation up 5.2pct in January

Greek inflation rose by 5.2 percent in January this year, against rises of 5.2 percent in December 2010 and 2.4 percent in January 2009, the independent Hellenic Statistical Authority (ELSTAT) announced on Thursday.

According to ELSTAT, the Consumer Price Index (CPI) in January 2011 compared with January 2010, increased by 5.2%. In January 2010, the annual rate of change of the CPI was 2.4%.

The CPI in January 2011 compared with December 2010, decreased by 0.7%. In January 2010, the monthly rate of change of the CPI was also -0.7%.

In the twelve-month period from February 2010 to January 2011 compared with the period from February 2009 to January 2010 the annual average rate of change of the CPI was 4.9%. The corresponding annual average rate of change of the CPI in the previous year (February 2009 to January 2010), was 1.3%