Greek Inflation Rate Returned to Positive Territory in May

ATHENS — The Greek annual inflation rate returned to positive territory in May, with the consumer price index rising 0.1 pct compared with May 2020, after a -1.1 pct decline recorded for the same period in the previous year, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, said that the consumer price index fell 0.4 oct in May from April 2021 after a 0.8 pct decline recorded in the same period in 2020. The average consumer price index was -1.5 pct in the period June 2020-May 2021, compared with the previous 12-month period.

The -0.4 pct reading of the consumer price index in May (monthly basis) reflected price declines of: 10.5 pct in clothing/footwear and a 0.3 pct in health prices. On the other hand, prices rose 0.5 pct in food/beverages, 0.3 pct in alcohol/tobacco, 0.1 pct in housing, 0.6 pct in transport and 0.5 pct in other goods and services.

The country's harmonised inflation rate was -1.2 pct in May 2021 from May 2020, after a -0.7 pct decline recorded in the same period in 2019-2020. On a monthly basis, the harmonised inflation rate fell 0.3 pct in May from April 2021.


ATHENS - While scores of thousands of Greeks fled the country during a near decade-long eonomic and austerity crisis, seeking jobs and a better life in other countries, a relative handful are coming back, along with foreign investors drawn by low taxes.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

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.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


Woman Fatally Shot while Pushing Stroller on Upper East Side

NEW YORK — A 20-year-old woman was fatally shot Wednesday night while she pushed her infant daughter in a stroller on the Upper East Side, police said.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

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