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.
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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.
Central bank keeps key policy rate at 3 percent
In making this decision, the Executive Board primarily took into account the outlook for inflation and its factors going forward, as well as the effects of past monetary policy easing, the central bank has announced.
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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.
Turkish state company's cut in bullet prices triggers reaction
Turkey's state-run Mechanical and Chemical Industry Corporation (MKEK) has reduced the price of pistol bullets in a bid to support a government-initiated anti-inflation campaign, drawing reaction from an anti-violence group.
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.
Inflation to Eat up Income Rise of Bulgarians
The 10 per cent rise of income in Bulgaria since the beginning of 2019 will be offset by the expected inflation growth, financial analyst Tsvetomir Tsachev told the BNR.
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"Five years of low, stable inflation in Serbia"
The key results are low and stable inflation, rising confidence in the national currency and increased resilience of the economy to external shocks, Tanjug reported, citing the central bank.
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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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The Monthly Inflation For November 2018 is -0.1%
The consumer price index in November 2018 compared to October 2018 was 99.9%, i.e. the monthly inflation was -0.1%. The inflation rate since the beginning of the year (November 2018 compared to December 2017) has been 2.7% and the annual inflation in November 2018 compared to November 2017 was 3.1%.
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