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21 February, 2001
Consumer price inflation eased to 3.4 percent in January year-on-year from 3.9 percent in December, the National Statistics Service (NSS) said on Tuesday.
The consumer price index dropped 1.6 percent from the previous month, compared with declines of 1.1 percent and 1.0 percent over the same periods in 2000 and 1999, respectively.
The NSS said the slower inflation figure in January, year-on-year, reflected a 1.9 percent increase in the food and non-alcoholic beverages index, a 15.7 percent jump in alcohol and tobacco index, a 4.6 percent increase in hotel-restaurant, and rises of 4.9 percent and 3.2 percent in transports and housing indexes, respectively.
The monthly consumer price index fall was attributed to a 10.1 percent fall in clothing and footwear because of the winter sales season, a 4.0 percent decline in housing and a 3.0 percent fall in durable goods' prices.
Source: Athens News Agency