Price indices

Price hikes for most food items

Over three quarters of food items (46 out of 60) measured by the Hellenic Statistical Authority (ELSTAT) recorded price increases within a month, from September to October, a fact that shows that the de-escalation of inflation and especially food inflation is still slow. 

Inflation seen rebounding

Eurostat estimated on Tuesday that European Union-harmonized inflation rose considerably in October to reach 3.9%, which is mainly attributed to food price hikes after a few weeks of natural disasters that mainly struck central Greece.

Food prices soar in Cyprus

In July, the Prices Observatory conducted by Cyprus' Consumer Protection Service (CPS) recorded increased prices for 32 out of 45 categories of staple foods.

There were price deductions for 13 staple food categories. However, there was an overall price hike of 1.21% compared to the previous month. This was attributed to increased prices of fresh and processed agricultural products.

Annual growth in agriculture input costs slows

The downward trend in the annual increase in the costs in the agriculture sector continued in June, data from the Turkish Statistical Institute (TÜİK) have shown.

The agricultural input price index rose by 27.7 percent in June from a year ago, easing from the 33.2 percent year-on-year rise recorded in the previous month.

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