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Greek inflation at 2.9 percent in September
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08:33, October 09, 2007

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Greece's inflation rate rose to 2.9 percent in September, compared with the same month last year, the National Statistics Service (NSS) said on Monday.

The statistics service said in its report the country's harmonized inflation rate was also 2.9 percent.

NSS said the consumer's price index rose 2.0 percent in September form August.

Commenting on the figures, NSS Secretary-General Manolis Kontopyrakis said the September rise reflected a 0.5 percent increase in petrol prices, after an 11.2 percent decline in petrol prices in September 2006.

Kontopyrakis said he expected the consumer price index to rise slightly in October because of higher heating and petrol prices in the country.

The 2.9 percent inflation figure in September, reflected a 4.7 percent rise in education prices, a 4.2 percent increase in hotel- restaurant-coffee shops, a 4.2 percent increase in alcohol and tobacco prices, a 3.9 percent rise in food and beverage prices and a 4.3 percent increase in clothing and footwear.

Source: Xinhua



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