Annual inflation accelerated to 3% in August from 2.7% in July, according to data released today by ELSTAT, with the highest increases recorded in clothing and footwear, hotels and restaurants, and the housing category.

A comparison of the General CPI for August 2024 with the corresponding index for August 2023 showed an increase of 3.0% compared to an increase of 2.7% recorded in the corresponding comparison of 2023 with 2022

The General CPI in August 2024, compared to July 2024, showed an increase of 0.3%, compared to zero change in the corresponding comparison of the previous year.

The average CPI for the twelve months of September 2023–August 2024, compared to the corresponding CPI for the twelve months of September 2022–August 2023, showed an increase of 2.9%, compared to an increase of 5.5% in the corresponding comparison of the twelve months of September 2022–August 2023 with the twelve months of September 2021–August 2022.