x

Economy

Greek Annual Inflation Rate Jumped to 12.1% in June

ATHENS – Greece’s statistical service said Friday that June inflation climbed to its highest level in nearly three decades, 12.1% on an annual basis, up from 11.3% in May. Energy, fuel and transport prices showed the greatest increases.

The Greek annual inflation rate rose to 12.1% in June from 11.3% in May, Hellenic Statistical Authority announced. More specifically, the statistics service said that the consumer price index rose 1.6% in June from May. The food/beverage group recorded a 12.6% increase, alcohol/tobacco rose 0.9%, clothing-footwear rose 4.6%, housing jumped 31.5%, durable goods rose 6.5%, health prices were up 0.6%, transport jumped 25%, entertainment rose 1.7%, education was up 0.9%, hospitality prices rose 6.5% and other goods and services prices rose 2.3%. Telecommunications prices were down 2.3%.

RELATED

ATHENS - A detente between the countries is holding and has ratcheted down tensions enough for Greece to have reached a “certain level of trust,” with Turkey, said Foreign Minister George Gerapetritis - but Greece is arming up just in case.

herald

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Time to Evacuate is Running Out as Hurricane Milton Closes in on Florida (Vid)

TAMPA, Fla. (AP) — Hurricane Milton churned Wednesday toward a potentially catastrophic collision along the west coast of Florida, where some residents insisted they would stay after millions were ordered to evacuate and officials warned that stragglers would face grim odds of surviving.

SEATTLE (AP) — Boeing has withdrawn a contract offer that would have given striking workers 30% raises over four years after talks broke down.

LOS ANGELES, CA – The instrumental track ‘Kohyli’ by award-winning Greek-American composer Thespina Patronas is in the first rounds of voting for a Grammy Award nomination in the category Best Instrumental Composition at the 67th awards ceremony on February 2, 2025 in Los Angeles.

STOCKHOLM (AP) — The Nobel Prize in chemistry was awarded Wednesday to scientists, Greek-Cypriot Demis Hassabis, David Baker and John Jumper for their work with proteins.

espa

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.