Greek EU-harmonized inflation jumps to 11.6% y/y in June

A cook gives a customer a souvlaki, a popular Greek fast food made with pieces of meat grilled on a skewer, in a restaurant, in Athens, Greece. [Louiza Vradi/Reuters]
Greece’s annual EU-harmonized inflation rose further to 11.6% in June year-on-year from 10.5% in May, data from the country’s statistics service ELSTAT showed on Friday.
EU-harmonized inflation is an index of components that is used across the EU to measure inflation in a consistent way.
Greece’s headline consumer inflation also accelerated to 12.1% last month, from 11.3% in May, data showed.
[Reuters]