Greek EU-harmonised inflation rises to 3.5% y/y in July

FILE PHOTO: Past austerity comes to haunt Greek election

(Reuters) – Greece’s annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday.

EU-harmonised inflation is an index of components that is used across the EU to measure inflation in a consistent way.

Official statistics service ELSTAT also reported that headline consumer inflation in July rose to +2.5% from a downwardly revised +1.8% in June.

(Reporting by Antonis Pothitos in Gdansk)

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