The Greek economy remained in a deflation trend for the 39th successive month in May, with the inflation rate at -0.9 pct, from -1.3 pct in April and -2.1 pct in May last year, Hellenic Statistical Authority said on Thursday.
The statistics service, in a monthly report, attributed this development to price declines in housing (-4.6 pct), durable goods (-1.9 pct), transport (-4.8 pct), entertainment (-1.5 pct), education (-1.3 pct) and other goods and services (-1.3 pct) and to price increases in the food/beverage (0.8 pct), alcohol/tobacco (1.1 pct), clothing/footwear (1.2 pct), health (1.6 pct) and hotel/restaurants (2.7 pct).
The consumer price index fell 0.4 pct in May from April 2016, after a 0.8 pct decline recorded in the corresponding period in 205. Greece’s harmonized inflation rate was -0.2 pct in May from -1.4 pct in May 2015 and -0.4 pct in April 2016. On a monthly basis, the harmonized inflation rate was unchanged after a 0.2 pct decline recorded in the same period last year.
The 15-24 age group recorded the highest unemployment rate (50.4 pct in March from 52.1 pct in March 2015), followed by the 25-34 age group (30.6 pct from 33.7 pct), the 35-44 age group (21.2 pct from 23.1 pct), the 45-54 age group (20 pct from 20.3 pct), the 55-64 age group (18.6 pct from 18.9 pct) and the 65-74 age group (11.8 pct from 10.9 pct).
Epirus-Western Macedonia recorded the highest unemployment rate among the country’s regions (28.8 pct in March from 27.1 pct in March 2015), followed by Thessaly-Central Greece (28.5 pct from 26.4 pct), Crete (25 pct from 24.2 pct), Macedonia-Thrace (23.9 pct from 26 pct), Attica (23.7 pct from 26.2 pct), Peloponese-Western Greece-Ionian Islands (23.5 pct from 25.8 pct) and Aegean (13.4 pct from 20.8 pct).
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