It fell to 2.9% in February inflation according to the data of ELSTAT, compared to an increase of 6.1% that occurred during the corresponding comparison of the year 2023 with 2022.

The General Consumer Price Index during the month of February 2024, compared to January 2024, showed an increase of 0.1%, compared to an increase of 0.3% recorded during the corresponding comparison of the previous year.

After the above, the average CPI of the twelve months of March 2023 – February 2024, compared to the corresponding Index of the twelve months of March 2022 – February 2023, presented 2.9% increasecompared to an increase of 9.6% noted during the corresponding comparison of the twelve months of March 2022 – February 2023 with the twelve months of March 2021 – February.

Food inflation at 6.7%

At the same time, however, it continues to move at a multiple speed o price index in food, as it was formed in 6.7%.

An increase is recorded 63.4% in the olive oil and 12.3% at fruits.

The markups are set at 13.8% in mineral water and fruit juices.

News raises from 1.1 to 4.4% are also recorded in calf, fish, eggs and soft drinks.

Compared to January, they are small reductions prices from 0.5 to 2.5% in cold cuts, yogurt, cheese, pork, poultry and cereals as well as

At the same time, health insurance premiums are going up by 14%.

Comparison of February 2024 with January 2024

The increase of the General CPI by 0.1% in the month of February 2024, compared to the corresponding Index of January 2024, came mainly from the changes in the following groups of goods and services:

1. From the increases of the indicators by:

• 0.4% in the Housing group, mainly due to an increase in heating oil prices. Part of that increase
was compensated by the decrease mainly in natural gas prices.
• 0.4% in the group Durable goods-Household goods and services, mainly due to price increases in: immediate items
household consumption, household services.
• 1.6% in the Transportation group, mainly due to price increases in: car fuel (gasoline), diesel,
air passenger tickets.
• 0.4% in the Leisure-Cultural activities group, mainly due to price increases in: audio-visual equipment-computers-repairs, small leisure items-flowers-pets. Part of this increase was offset by
decrease mainly in prices of durable goods of leisure and culture.
• 0.5% in the Hotels-Cafes-Restaurants group, mainly due to an increase in prices in restaurants-patisseries-cafes-canteens.
• 0.4% in the Other goods and services group, mainly due to price increases in: hairdressers and shops
personal care, other personal care.
2. From the reductions of the indicators by:

• 0.1% in the group Food and non-alcoholic beverages, due to a decrease in prices mainly in: bread and cereals, pork,
poultry, cured meats, yogurt, cheeses, vegetables (in general). Part of this decrease was offset by the increase
mainly of prices in: beef, fresh fish, eggs, mineral water-soft drinks-fruit juices.
• 0.4% in the Alcoholic beverages and tobacco group, mainly due to a decrease in prices in al

Comparison of February 2024 with February 2023

The increase of the General CPI by 2.9% in the month of February 2024, compared to the corresponding Index of February 2023, came mainly from the changes in the following groups of goods and services:

Of the increases in indicators by:

  • 6.7% in the group Food and non-alcoholic beverages, due mainly to price increases in: bread and cereals, meats (general), fish (general), olive oil, fruits (general), vegetables (general), sugar-chocolates-sweets -ice creams, other foods, coffee-cocoa-tea, mineral water-soft drinks-fruit juices. Part of this increase was offset by the decrease in prices mainly in dairy and eggs.
  • 2.4% in the group Alcoholic beverages and tobacco, due mainly to an increase in prices of alcoholic beverages (not served).
  • 1.3% in the Clothing and Footwear group, due to price increases in clothing and footwear.
  • 1.6% in the group Durable goods-Household goods and services, due to an increase in prices mainly in: furniture and decorations, household goods of immediate consumption, household services.
  • 3.5% in the Health group, mainly due to price increases in: pharmaceutical products, medical-dental and paramedical services, hospital care. Part of this increase was offset by the decrease in prices mainly in medical products.
  • 0.5% in the Transportation group, mainly due to price increases in: new cars, used cars, car parts and accessories, maintenance and repair of personal transportation equipment. Part of this increase was offset by the decrease in prices mainly in fuel and lubricants, air passenger tickets.
  • 2.9% in the Leisure-Cultural activities group, due to price increases mainly in: information processing equipment, small leisure items-flowers-pets, cinemas-theatres, package holidays.
  • 3.5% in the Education group, mainly due to price increases in: pre-school and primary education fees, secondary education fees, tertiary education fees.
  • 6.5% in the Hotels-Cafes-Restaurants group, mainly due to an increase in prices in: restaurants-patisseries-cafes-canteens, hotels-motels-inns.
  • 1.7% in the Other goods and services group, mainly due to price increases in: hair salons and personal care stores, health insurance premiums, vehicle insurance premiums. Part of this increase was offset by the decrease in prices mainly in other types of personal care.

Of the reductions in indicators by:

  • 0.3% in the Housing group, mainly due to a decrease in prices in: electricity, natural gas. Part of this decrease was offset by the increase in prices mainly in: house rents, house repair and maintenance, heating oil, solid fuels.
  • 1.9% in the Communications group, mainly due to a decrease in prices for telephone services.