Nov 2, 2018

CPI inflation stood at 2.3% in October 2018

Quick Update

  • Annual inflation stood at 2.3% in October  2018, 0.4 PP lower compared to annual inflation in September 2018 and just around the NBG’s 3% target.
  • Prices increased most on transportation (+6.5% YoY), healthcare (+6.1% YoY), alcoholic beverages (+5.7% YoY), utilities(+4.4% YoY). Prices decreased on clothing and footwear (-7.1% YoY) and communication (-1.4% YoY).
  • Core inflation stood at 1.7% YoY as of October 2018, unchanged from September 2018.