inflation

Cyprus’ inflation rate for May 2016 decreased at a rate of -2.1%, according to the Statistical Service of Cyprus. The Consumer Price Index for May 2016 increased by 0.61 units to 98.66 units compared to 98.05 units in April 2016....

The misery index is an economic indicator, created by economist Arthur Okun, and referred to the sum of the unemployment and inflation rates. The misery index was used widely in the 1960s and 1970s as a way of finding out...

Deflation slowed down in Greece last month according to annual Eurozone inflation rate figures released by Eurostat on Wednesday, which gave an annual rate of -1.2% for Greece in November 2014, from -1.8% in October. Annual inflation throughout the Eurozone...

Greece recorded a deflation of -1.8% in December, according to data published today by Eurostat in Brussels. The average inflation rate in the Eurozone fell to 0.8% in December compared to 0.9% in November, while inflation in the EU remained...

It may not matter much in the aftermath of  deep pay cuts, big tax hikes and slashed pensions, but Greece at least has the European Union's lowest inflation rate, a mark of 0.3 percent recorded in December, 2012 and...

The Bank of Greece describes a potential exit from the Eurozone as a nightmare for Greece. The Drachma would be followed by a currency devaluation of 65%, the country's inflation will rise up to 30% and unemployment rates will...