ECONOMY

Deflation persists in Greece as price keep falling

deflation-persists-in-greece-as-price-keep-falling

The Hellenic Statistical Authority (ELSTAT) announced on Thursday that prices in Greece dropped for a 33rd consecutive month in November, as they fell an average 0.7 percent compared to October.

ELSTAT also published its industrial output data, which posted a 1.9 percent annual decline in October, and unemployment figures for September, which saw the jobless rate edge lower to 24.6 percent, from 24.7 percent in August.