Greek inflation soars 10% for first time in 27 years

Bloomberg

Greek inflation soared beyond 10% for the first time since 1995 as Russia’s war in Ukraine heightened already spiking energy costs.
A national gauge of consumer prices jumped 10.2% from a year ago in April, the highest since February 1995, driven by electricity and fuel, as well as goods including vegetables and transport, the Hellenic Statistical Authority said. European Union-harmonised inflation reached as much as 9.1%.
Like other European nations, Greece is trying to ease its cost-of-living squeeze with fiscal measures to help households and business. Power bills have been subsidized since September and 3.2 billion euros ($3.4 billion) of extra support was unveiled last week.
The government also plans to temporarily keep increases in global costs for natural gas out of electricity bills, offsetting as much as two-fifths of the per-kilowatt-hour price advances for consumers, firms and farmers.