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Greece inflation rises to 3.8% in August
Greece's inflation rate rose to 3.8% in August, up from 3.4% in July, according to data from the Hellenic Statistical Authority (ELSTAT). This upward trend is primarily driven by significant price increases in energy, housing, and transportation.
Key drivers of the inflation spike include dramatic rises in heating oil (53.2%), natural gas (40.2%), diesel (30.6%), and gasoline (15.3%). The housing sector saw a 9.7% annual increase, fueled by rising rents (6.2%) and home maintenance costs. Additionally, transportation costs rose by 7.7%, impacted by higher air travel prices.
In the food and non-alcoholic beverages category, prices increased by 0.9% annually. Notable increases were seen in beef (13.5%), fish (11.5%), lamb and goat (11.3%), and eggs (4.3%). Conversely, some sectors provided relief to consumers, with olive oil prices dropping by 15% and fruit prices decreasing by 7.1%.
Entities
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Greece's annual inflation rate rose to 3.8% in August. www.rthess.gr · www.tanea.gr · www.cnn.gr
- [● 2 SOURCES] Olive oil prices decreased by 15%. www.rthess.gr · www.tanea.gr
- [○ 1 SOURCE] Monthly inflation increased by 0.4% between July and August. www.cnn.gr
- [● 2 SOURCES] Natural gas prices increased by 40.2%. www.rthess.gr · www.tanea.gr
- [● 2 SOURCES] Heating oil prices rose by 53.2%. www.rthess.gr · www.tanea.gr
- [● 2 SOURCES] Residential rent prices increased by 6.2%. www.rthess.gr · www.tanea.gr
- [● 3 SOURCES] The inflation rate was 3.4% in the previous month. www.rthess.gr · www.tanea.gr · www.cnn.gr
- [● 2 SOURCES] Beef prices increased by 13.5%. www.rthess.gr · www.tanea.gr