Greece's inflation hit 29-year record in May
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/80273b861728d6b92c3901baa0be4f6f.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Greece's annual inflation rate jumped to 11.3 per cent in May this year, reaching a 29-year record for the country.
The increase is linked to a large extent to the rise in energy costs over the past year, the Hellenic Statistical Authority (ELSTAT) said on Thursday.
Natural gas prices increased by 172.7 per cent compared to a year ago, electricity prices by 80.2 per cent and heating oil by 65.1 per cent, Xinhua news agency reported.
A 35 per cent hike was reported in costs of housing, 18.8 per cent in transportation and 12.1 per cent in food and non-alcoholic beverages, according to ELSTAT's data.
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)