2019.03.1207:43:00UTC+00Greece Inflation Rises In February

Greece's consumer price inflation rose in February after easing in the previous month, data from the Hellenic Statistical Authority showed on Tuesday.

The consumer price index rose 0.6 percent year-over-year in February after a 0.4 percent climb January. In December, inflation was 0.6 percent.

The biggest increase was in communication, where costs rose 6.2 percent annually, followed by a 2.1 percent rise in prices of food and non alcoholic beverages.

Meanwhile, clothing and footwear decreased the most, down 2.7 percent in February.

On a monthly basis, consumer prices edged up 0.1 percent in February, after a 1.8 percent decline in the previous month.

The harmonized index of consumer prices, or HICP, rose 0.8 percent year-on-year in February after a 0.5 percent increase in January. The latest inflation rate was the fastest in three months.

Compared to the previous month, the HICP edged up 0.3 percent after a 1.3 percent decrease in January. The increase was the first in four months.