Eurostat: In March, inflation in Greece stood at 3.4% – In the Eurozone it was 2.4%

Services and food continue to be the main components of inflation in the Eurozone – The rate of increase in food prices in Greece is at 4.8%

In March, the annual inflation rate in Greece reached 3.4%, up from 3.1% in February, according to the estimate by Eurostat.

In the Eurozone, inflation decreased to 2.4%, down from 2.6% in February.

Greece recorded the 5th highest price increase after Croatia, Austria, Estonia, and Belgium.

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Regarding the main components of inflation in the Eurozone, services are expected to have the highest annual rate in March (4.0%, unchanged compared to February), followed by food, alcohol, and tobacco (2.7%, compared to 3.9% in February), non-energy industrial goods (1.1%, compared to 1.6% in February), and energy (-1.8%, compared to -3.7% in February).

Despite the further slowdown in the prices of food, alcohol, and tobacco, their rate of increase in Greece (4.8% in March from 5.8% in February) is almost double compared to the Eurozone.