Inflation

Inflation slowed down to 0.6 percent in 2018

Consumer prices in Greece increased at a rate of 0.6 percent in 2018, almost half as fast as in 2017, according to data published on Friday by the Hellenic Statistical Authority (ELSTAT).

December also witnessed a 0.6 percent increase of the consumer price index compared to the last month of 2017, while on a monthly basis prices advanced 0.1 percent from November 2018.

Energy Regulator: Claims of 15-20% Increase in Electricity Bills from July 1 Unfounded

There is no reason to claim that there will be a 15-20% increase in people's electricity bills from July 1, Chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov said during a press briefing, Focus News Agency reports.

Greek consumer price inflation slows to 0.6 pct in December

Greece's annual EU-harmonised inflation rate slowed in December, statistics service ELSTAT data showed on Friday.

The reading was 0.6 percent from 1.1 percent in November.

The data showed the headline consumer price index also decelerated to 0.6 percent year-on-year from 1.0 percent in the previous month.

CITUB Calls on State Authorities to Make Electricity Market More Predictable

At an extraordinary sitting of the National Council for Tripartite Cooperation employers and syndicates voiced their concern with the situation on the electricity market and the substantial increase in the price of electricity for industrial consumers, reported the Bulgarian National Radio. 

Tax on greed: central bank's reaction

The level of the interbank offered rate ROBOR, which serves as benchmark for floating-rate loans in lei, is attributable to the entire country, it depends on the domestic realities and first of all on the inflation rate, therefore one cannot say that the banks are greedy because they increase this index due to certain disorders of the economic system, on Tuesday night said for the private Digi

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