[Intime]
Inflation in Greece is estimated to have fallen slightly to 3% in February, from 3.1% in January, according to a preliminary estimate released on Monday by Eurostat.
This is the European Union-harmonized index, that often differs slightly to the national consumer price index that the Hellenic Statistical Authority (ELSTAT) publishes.
Food inflation in Greece was 0.5% in February, the lowest in the eurozone, Eurostat reported on Monday.
The Ministry of Development said in a statement that the fact Greece has the bloc’s lowest food inflation has been the result of ongoing efforts, including intensive market controls and clear operational rules.
It added that it remains committed to preserving healthy competition and consumer protection to increase citizens’ disposable income.
The average rate of food inflation in the eurozone amounted to 2.7% last month, Eurostat said. The annual inflation in the euro area is seen at 2.4% in February, down from 2.5% in January.