Price indices

Deflation persists for a 42nd month

Greece's headline consumer price index fell 0.9 percent year-on-year in August, with the annual pace of deflation picking up from -1.0 percent in July, statistics service data showed on Friday.

This was the 42nd consecutive month of CPI decline. Consumer prices were led higher by alcoholic beverages, tobacco, durable goods, transportation, hotels and restaurants.

The course of events in the direction of double-digit inflation

While the average January increases in consumer prices is around 1 percent, the increase this January reached 1.82 percent, which was quite a surprise. When the monthly rate reached 1.82 percent, then the annual inflation, which stood at 8.81 percent in December 2015, jumped to 9.58 percent at the end of January.

Bulgaria Reports 0.1% Monthly Deflation for November

Bulgaria on Monday reported negative monthly consumer price inflation of -0.1% for November.

The inflation rate for the first 11 months of 2015 was negative at -0.4%, the statistics office NSI said in a monthly inflation report.

Annual inflation (November 2015 vs November 2014) was also negative, measuring minus 0.4%.

Bulgaria's Consumer Prices Remain Flat in August

Bulgaria recorded zero inflation in August compared to the previous month, the National Statistical Institute (NSI) said on Monday.

Year-on-year, consumer price inflation also was zero, the statistical office said in a monthly inflation report.

The inflation rate since the beginning of the year (August 2015 compared to December 2014) was negative at minus 0.3%.

Turkey's consumer price index drops in June

Inflation in Turkey dropped sharply in June with decreasing food prices, the Turkish Statistical Institute (TÜ?K) stated on July 3, but analysts doubt that a further decline is in store. 

The Consumer Price Index dropped 0.51 percent in June from May, bringing the annual inflation rate to 7.20 percent in June from 8.09 percent in May.

Turkey cheaper than Europe but cars, booze, tobacco remain expensive

Turkey is more expensive than a few European countries but it remains cheaper than a majority of the continent, according to a new comparative purchasing power parity index released June 19 by the Turkish Statistics Institute (TÜ?K).

However, car prices stood above European levels, as did the prices of alcoholic beverages, tobacco and consumer electronics.

Food prices fall to near 5-year low in world, rise in Turkey

The U.N. Food and Agriculture Organization's (FAO) price index, which measures monthly changes for a basket of cereal, oilseed, dairy, meat and sugar, averaged 171 points in April, 1.2 percent below its reading in March.

High global production, a strong U.S. dollar and cheaper crude oil have helped cap food prices for the past year and the index has been declining since April 2014.

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