Marginally up from 3.0% in July 2023, exceeds Euro Area average of 2.2%
This puts Greece among the most costly countries in Europe for alcoholic beverages placing it 3rd out of the 27 EU states, with prices reaching 51% above the average.
Greece is among the EU member-states that spent the most on fire protection services in 2023
The European Union’s (EU) annual inflation rate was 2.8% in July, compared to 2.6% in June, compared to last year when it stood at 6.1%.
The negative development prompted the relevant development minister to meet with supermarkets' representatives to hammer out a plan to contain rising food prices
In 2023, nearly 39.4% of non-nationals working in the EU were over-qualified for their jobs, nearly double the percentage of EU nationals.
It ranked 8th regarding short-stay accommodations booked via online platforms - Airbnb, Booking, Expedia Group, or TripAdvisor
The report indicates a steady increase in the expected duration of working life across the EU since 2013, rising from 34.7 years to 36.9 years in 2023
Greece's growth in short-term bookings in Q4 2023 on platforms like Airbnb outpaced the EU average, recording a 28.7% increase compared to Q4 2022, higher than the EU's average growth of 22.7%
At the same time, the formerly bailed east Mediterranean country records the biggest decrease in debt-to-GDP, on a quarterly basis
Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July
Core inflation, which excludes the calculation of volatile fuel and unprocessed food prices, also slightly declined to 2.8% annually from 2.9% a month earlier
The 2022 Eurostat data also reveals that satisfaction with free time is inversely related with having children at home and higher education levels
The data revealed an interesting divide between the West and East, with both men and women in the latter opting to get married for the first time at an average younger age compared to couples in Western Europe
A year earlier, the rate was 6.1%. European Union's annual inflation was 2.7% in May 2024, up from 2.6% in April. A year earlier, the rate was 7.1%
Greece saw a significant rise in hourly labor costs, increasing by 7.9%, with the business economy experiencing a 10% hike.
Greece registered the highest uptick in in the metric compared to the respective period last year
A new Eurostat report shows 26% of Greeks are at risk of poverty or social exclusion, which is above the EU average of 21.4% and the 4th highest in the EU
Eurozone Inflation Climbs to 2.6%
The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation