Prices for Greek consumers fell some 1.7 percent for October beating September’s 0.8 percent drop.<br /><br />Greece has been in deflation mode for close to two years as cuts in wages and pensions and a deep recession forced Greeks to keep their cash close.<br /><br />Deflation in Greece hit its highest level in November 2013, with consumer prices registering a 2.9 percent year-on-year decline.<br /><br />Meanwhile prices for consumers across the 18 countries sharing the euro moved up slightly in October to 0.4 percent, well below the ECB’s target of just under 2 percent.
