09.08.201705:17:00UTC+00Greece HICP Inflation Steady At 0.9%

Greece's EU measure of inflation remained stable in July, figures from the Hellenic Statistical Authority showed Wednesday.

The harmonized index of consumer prices, or HICP advanced 0.9 percent year-on-year in July, the same rate as seen in June. This was the lowest rate since last December.

Likewise, consumer price inflation held steady at 1 percent. Inflation was forecast to slow to 0.8 percent.

On a monthly basis, the HICP declined 1.2 percent, reversing June's 0.7 percent increase. Similarly, the CPI dropped 1.7 percent in contrast to a 0.6 percent rise in June.