Eurostat: In January, inflation reached 3.2% in Greece – In the Eurozone it was 2.8%

On a European Union level, overall annual inflation was at 3.1% in January 2024, down from 3.4% in December and 10% a year earlier, according to statistics agency data

Τhe annual inflation rate in the eurozone stood at 2.8% in January 2024, down from 2.9% in December and 8.6% a year earlier.

In Greece, it was at 3.2% in January 2024, down from 3.7% in December 2023, and 7.3% in January 2023, according to data released by Eurostat.

At a structural level, excluding energy, food, alcohol, and tobacco, the annual inflation rate was at 3.3% in January 2024, down from 3.4% in December and 5.3% in January 2023.

On a European Union level, overall annual inflation was at 3.1% in January 2024, down from 3.4% in December and 10% a year earlier, according to statistics agency data.

The lowest annual rates were recorded in Denmark, Italy (both 0.9%), Latvia, Lithuania, and Finland (1.1%), while the highest annual rates were recorded in Romania (7.3%), Estonia (5.0%), and Croatia (4.8%).

Compared to December, annual inflation decreased in fifteen member states, remained stable in one, and increased in eleven.

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In January, the highest contribution to the annual inflation rate in the eurozone came from services (+1.73 percentage points), followed by food, alcohol, and tobacco (+1.13), non-energy industrial goods (+0.53), and energy (-0.62).