{"id":296419,"date":"2025-12-03T08:41:11","date_gmt":"2025-12-03T08:41:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/296419\/"},"modified":"2025-12-03T08:41:11","modified_gmt":"2025-12-03T08:41:11","slug":"inflation-jumps-to-2-9-in-greece-outpacing-eurozone-increase","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/296419\/","title":{"rendered":"Inflation jumps to 2.9% in Greece, outpacing eurozone increase"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/10\/d1f7cc7e7b5260120f93af84b964d5bb_supermarket-food-inflation-prices-products-reuters.jpg\" alt=\"Inflation jumps to 2.9% in Greece, outpacing eurozone increase\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/d1f7cc7e7b5260120f93af84b964d5bb_supermarket-food-inflation-prices-products-reuters-960x550.jpg\"\/><\/p>\n<p>File photo.<\/p>\n<p>The European Union-harmonized index of consumer prices in Greece soared to 2.9% in November, according to Eurostat estimates, from 1.6% in October, with price increases in food and services being the main causes for the resurgence of inflationary pressures.<\/p>\n<p>This development comes even as the implementation of the much-discussed \u201cPrice Reduction\u201d initiative has begun in over 2,000 supermarket codes and proves once again that inflation in Greece is persistent.<\/p>\n<p>Although an increase in inflation was recorded across the eurozone in November, it was much milder compared to Greece, as the harmonized index of consumer prices stood at 2.2% from 2.1% in October.<\/p>\n<p>According to Eurostat data, the so-called food inflation in Greece stood at 3.1% from 2.5% in October, services inflation at 4.7% from 2.8% in October, while the rate of increase in energy prices was marginally positive (0.3%).<\/p>\n<p>The persistence of inflationary pressures also explains to a significant extent the drop in the consumer confidence index, which the Foundation for Economic and Industrial Research (IOBE) compiles, to -50.6 points in November from -47.6 points in October.<\/p>\n","protected":false},"excerpt":{"rendered":"File photo. The European Union-harmonized index of consumer prices in Greece soared to 2.9% in November, according to&hellip;\n","protected":false},"author":2,"featured_media":296420,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,95272,1294,1431,56,54,55],"class_list":{"0":"post-296419","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-consumer-affairs","10":"tag-economy","11":"tag-inflation","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=296419"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/296419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/296420"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=296419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=296419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=296419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}