Prices of consumer goods dropped for the 26th consecutive month in Greece as deflation continues, according to figures by the Hellenic Statistical Authority (ELSTAT) issued on Friday. Greek consumer prices fell 2.1 percent in April compared to the same month last year. Prices dropped 1.8 percent in April, compared to a 1.9 percent fall in March. In 2014 prices dropped 1.3 percent compared to 2013. The General Index in April showed a 0.5 percent increase compared to March. The Average Index of the twelve-month period May 2014-April 2015 showed a 1.6 percent decline compared to the same period 2013-2014. More specifically, prices in shoes and clothing dropped 2 percent, real estate prices dropped 6.8 percent, household goods and services showed a 1.8 percent decline in price, health service prices fell 2.1 percent, transportation prices showed a 4 percent decrease, prices for recreation and cultural activities fell 1.8 percent, education prices dropped 3.1 percent, “hotel-cafe-restaurant” prices dropped 0.5 percent, while “other goods and services” such as personal items or car insurance dropped 3.3 percent.
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