Economy

Inflation at 7.2% in December, according to ELSTAT

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The average annual rate of inflation is set at 9.6% in 2022 from just 1.2% in 2021.

Inflation eased to 7.2% in December from 8.5% in November, taking the average annual rate to 9.6% in 2022 from just 1.2% in 2021.

Prices are on a twelve-month basis natural gas are increased by 50%, but his prices electricity appear reduced by 8.8%.

Its prices show a small increase of 1.4% heating oil as a result of subsidies.

Large increases are recorded in food: 18.1% in bread, 17.8% in meats, 25.6% in dairy products, 21.7% in oils and fats, 13.2% in coffee, 8.7% in sugar, sweets and chocolates.

Significant increases of 18.1% also in items of immediate household consumption, 24.7% in solid fuels, 11.1% in cars, 36.7% in airline tickets, 14.5% in cinema and theater tickets.

And to month level from November to December increases are recorded: 2.2% in beef, 2.4% in pork, 3.1% in fish, 1.2% in cheeses, 2% in olive oil, 2% in frozen vegetables, 4.8 % in clothing – footwear.

On the contrary, price reductions were recorded month-on-month for fresh fruits and vegetables of 6.1% and 2.1%.

A correspondingly large drop of 11.8% was recorded in heating oil and 5.6% in hotel prices.

ELSTATinflationnewsSkai.gr

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