Greece Consumer Prices Decline Further In April

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Greece’s consumer prices decline further in April, albeit at a softer pace, data from the Hellenic Statistical Authority showed on Wednesday.

The consumer price index fell 0.3 percent year-on-year in April, following a 1.6 percent decline in March.

Prices for miscellaneous goods and services declined 2.4 percent annually in April and prices of communication decreased 1.4 percent.

Prices for food and non-alcoholic beverages, and household equipment fell by 1.2 percent, each.

On a monthly basis, consumer prices rose 0.9 percent in April, after a 1.2 percent growth in the prior month.

The EU measure of harmonized index of consumer prices, or HICP, fell 1.1 percent annually in April, following a 2.0 percent decline in the preceding month.

On a monthly basis, the HICP rose 0.9 percent in April, following a 1.0 percent increase in the prior month.

The material has been provided by InstaForex Company – www.instaforex.com

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