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Post: Greece registers highest price increase in 28 years

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Statistics service Elstat records a record 28-year inflation rate of 10.2% in Greece

ATHENS, May 10 – RIA Novosti. The Greek Statistics Office said that in April 2022, inflation in Greece was 10.2% on an annual basis, with the highest increase in gas, electricity and diesel fuel prices for heating purposes. elstat.

Inflation reached a record high in 28 years, there has been no such increase in prices since 1994.

Annual inflation, which was 8.9% in March 2022, rose to double digits in April.

Compared to the same month of the previous year, in April this year, natural gas (122.6%), electricity (88.8%), diesel for heating purposes (65.1%) and fuel prices increased significantly in the energy sector. oils (29%) and solid fuels (5.3%).

The prices of all the products that make up the so-called “housewife’s basket” have increased. Especially oils and fats (22%), meat in general (14.1%), vegetables (13.8%), dairy products and eggs (11.7%), bread and cereals (10%), fresh fruit ( Prices rose by 8.6%. ), coffee, cocoa, tea (7.1%). Mineral water, soft drinks, fruit juices became more expensive by 3.8%, candy, chocolate, sweets, ice cream – 3.4%, fish – 3.2%.

Sea passenger transportation (17.7%), air passenger transportation (15.8%), hotels and motels (16.1%), movie tickets (13.9%), used cars (11.5%), new cars (8.9%).

Restaurants and cafes and bakeries became 3.3% more expensive.

“Given the constant price increase in almost all products and consumer services, the course of inflation suggests that worst-case scenarios will eventually be confirmed. The Ministry of Finance’s forecasts have already been revised and inflation has been raised to 5.6 percent, Greek state television ERT reports with new data. In connection with this, he stated that while the stabilization program includes the second worst scenario, which provides a continuous increase in energy prices, the price index will rise to 7.6%.

Source: Ria

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