Greek inflation relatively low at 2.8% in October
[Intime News]
Greece recorded the European Union’s third lowest inflation rate in October.
A Eurostat report released on Wednesday showed the consumer price index grew 2.8% in October, significantly lower compared with a 4.4% average rate in the EU.
Eurostat said the annual growth rate in the consumer price index was higher in October compared with September.
In Germany, the inflation rate was 4.6%, in France and Italy 3.2% and in Spain 5.4%.
Lithuania recorded the highest inflation rate, 8.2% in October.
The cost of energy was the main factor for the price increases, rising 23.7% compared with October 2020.
In September the cost of energy rose 17.6%.
