Greek inflation rate at -0,4% in August‏

Greek inflation rate was -0.4 pct in August from -1.3 pct in July, Eurostat said on Wednesday. In a report released here, the EU executive’s statistics agency said that the inflation rate in the Eurozone slowed to 0.1 pct in August from 0.2 pct in July, while in the EU-28 the inflation rate was 0.0 pct and 0.2 pct, respectively. Eleven member-states recorded a negative inflation rate in August, led by Cyprus (-1.9 pct), Romania (-1.7 pct) and Lithuania (-1.0 pct). Malta (1.4 pct), Austria (0.9 pct) and Belgium (0.8 pct) recorded the highest inflation rates. The inflation rate was 0.4 pct in the Eurozone and 0.5 pct in the EU-28 in August 2014.