The evolution of the Consumer Price Index (CPI) of March 2023 (reference year 2020=100.0) is depicted as follows:
The CPI in March 2023 compared with March 2022, increased by 4.6%. In March 2022, the annual rate of change of the CPI was 8.9%.
The CPI in March 2023 compared with February 2023, increased by 1.2%. In March 2022, the monthly rate of change of the CPI was 2.7%.
The average CPI for the twelve – month period from April 2022 to March 2023, compared with the corresponding index for the period April 2021 to March 2022 increased by 9.2%. The annual rate of change of the average CPI between the twelve – month period April 2021 to March 2022 in comparison to the period April 2020 to March 2021 was 3.5%
Monthly rates of change: March 2023 compared with February 2023
The 1.2% increase of the Overall CPI in March 2023, compared with the corresponding index in February 2023 is, mainly, due to the changes in the groups of goods and services as follows:
1. An increase of:
• 0.1% in the group Food and non-alcoholic beverages, due to the increase, mainly, in the prices of: bread and cereals, beef, pork, dried salted or smoked meat, cheese, preserved or processed vegetable, coffee. This increase was partly offset by the decrease, mainly, in the prices of: fresh fish, yoghurt, olive oil, fresh vegetables.
• 1.2% in the group Alcoholic beverages and tobacco, due to the increase, mainly, in the prices of alcoholic beverages (not served).
• 29.4% in the group Clothing and footwear, due to the recovery of part of prices up to normal levels as before the winter sales period.
• 1.2% in the group Household equipment, due to the recovery of prices up to normal levels as before the winter sales period and due to the increase, mainly, in the prices of non-durable household articles.
• 0.3% in the group Health, due to the increase, mainly, in the prices of hospital and clinic services.
• 0.8% in the group Transport, due to the increase, mainly, in the prices of: second hand motor cars, tickets for passenger transport by air. This increase was partly offset by the decrease, mainly, in the prices of diesel.
• 0.6% in the group Hotel-Cafés-Restaurants, due to the increase, mainly, in the prices of: restaurants-confectioneries-cafesbuffets, hotels-motels-inns.
• 0.8% in the group Miscellaneous goods and services, due to the increase, mainly, in the prices of other appliances and articles for personal care.
Source: Hellenic Statistical Authority
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