Inflation falls to 5.2pct in October

Greek inflation fell to 5.2 percent in October from 5.6 percent in September, the independent Hellenic Statistical Authority (ELSTAT) said on Tuesday.

According to figures released on Tuesday by ELSTAT:
The Consumer Price Index (CPI) in October 2010 compared with October 2009, increased by 5.2%. In October 2009, the annual rate of change of the CPI was 1.2%.
The CPI in October 2010 compared with September 2010, increased by 0.2%. In October 2009, the monthly rate of change of the CPI was 0.5%.
In the twelve-month period from November 2009 to October 2010 compared with the period from November 2008 to October 2009 the annual average rate of change of the CPI was 4.3%. The corresponding annual average rate of change of the CPI in the previous year (November 2008 to October 2009), was 1.2%.
The Harmonized Index of Consumer Prices (HICP) in October 2010 compared with October 2009, increased by 5.2%. In October 2009, the annual rate of change of the HICP was 1.2%.
The HICP in October 2010 compared with September 2010, increased by 0.1%. In October 2009, the monthly rate of change of the HICP was 0.5%.
In the twelve-month period from November 2009 to October 2010 compared with the period from November 2008 to October 2009, the annual average rate of change of the HICP was 4.3%. The previous year, in the corresponding twelve – month period, the annual average rate of change of the HICP was 1.4%.