In August 2024, Greece’s Consumer Price Index (CPI) rose to 3.0%, up from 2.7% in July 2024, according to data updated on September 10, 2024. This year-over-year comparison highlights a subtle yet noticeable uptick in inflation for the nation.This slight increase indicates that inflationary pressures are continuing to affect the Greek economy. The 3.0% CPI for August compares the inflation rate to the same month a year ago, signifying a higher cost of living for Greek consumers. On the other hand, July’s 2.7% CPI similarly compared figures from July of the previous year.Economists are closely observing these inflation trends, which could have broader implications for Greece’s economic policies and fiscal stability. This uptick may prompt further analysis and measures aimed at curbing inflation and stabilizing the economy.The material has been provided by InstaForex Company – www.instaforex.com
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