ELSTAT: Inflation in Greece at 3.4% in October

Inflation "climbed" to 3.4% in October 2021, according to ELSTAT.

In particular, the comparison of the General CPI of October 2021 with the corresponding Index of October 2020 resulted in an increase of 3.4% compared to a decrease of 1.8% in the respective comparison of the year 2020 with 2019.

The General CPI in October 2021, compared to September 2021, showed an increase of 1.5% compared to an increase of 0.3% in the corresponding comparison of the previous year.

The average CPI of the twelve months November 2020 - October 2021, compared to the corresponding Index of the twelve months November 2019 - October 2020, did not change compared to a decrease of 0.8% in the respective comparison
of the twelve months November 2019 - October 2020 with the twelve months of November 2018 - October 2019.

Compared to last year

The increase of the General CPI by 3.4% in October 2021, compared to the corresponding Index of October 2020, came mainly from the changes in the following groups of goods and services:

1. From the increases of the indices by:

• 3.0% in the group Food and non-alcoholic beverages, due mainly to increase in prices of: bread, beef, lamb and goat, poultry, fresh fish, cheeses, olive oil, fresh vegetables, potatoes, coffee-cocoa-tea, sugar-chocolates-sweets-ice creams, other foods, mineral water-soft drinks-fruit juices. Part of this increase was offset by the decrease mainly οφ prices in: breakfast cereals, pork, fresh fruit, preserved or processed vegetables.

• 0.4% in the Clothing and footwear group, due to price increases in clothing and footwear.

• 11.7% in the Housing group, due to an increase mainly in the prices of: electricity, natural gas, heating oil.

• 0.8% in the...