Inflation in Greece accelerated in July, driven by surging rents, higher energy bills, and rising prices in clothing, food, and hospitality, despite a sharp drop in olive oil pricesInflation Picks Up Pace in July Greece's annual inflation rate rose to 3.1% in July, up from 2.8% in June, according to data from the Hellenic Statistical Authority. The EU-harmonised index stood even higher at 3.7%, underscoring persistent price pressures across multiple sectors. The twelve-month average from August 2024 to July 2025 recorded a 2.6% increase compared with the same period a year earlier. Housing and Energy Lead Price Surge Rents saw the steepest rise, up 11.3% year-on-year, while electricity prices jumped 18.9% and natural gas climbed 4.4%. Clothing and footwear rose by 8.4%, and health insurance premiums increased by 7%.Food Prices Still Climbing Food and non-alcoholic beverages rose 2.8% overall, with notable increases in bread, meat...