Greece’s annual inflation rate fell to 3.9% in June, down from 4.9% in May, according to preliminary data released by Eurostat. Across the eurozone, inflation declined to 2.8% in June from 3.2% the previous month.
Regional Comparison
Among eurozone countries, only Lithuania (5.5%), Bulgaria (5.3%), Croatia (4.2%), and Cyprus (4.0%) reported higher annual inflation rates than Greece. Greece ranked fifth-highest in the bloc.
Inflation Components in the Eurozone
Within the eurozone, energy prices posted the highest annual increase in June at 8.7%, down from 10.8% in May. Services followed with a 3.2% rise—slightly lower than May’s 3.5%. Food, alcohol, and tobacco inflation stood at 1.6%, down from 1.9% in May. Industrial goods excluding energy rose by 0.9%, unchanged from May.