Producer Prices in Greece
Greece - Producer Prices
Inflation rises in March
In March, consumer prices rebounded sharply, rising 3.3% over the previous month, after dropping 1.3% in February. The reading mainly reflects higher prices for clothing and footwear (+37.5% month-on-month) due to the end of season discounts and the arrival of the new collections. Prices for housing (+1.7% mom) and transport (+1.2% mom) also increased. Meanwhile, annual inflation stepped up to 4.5% (February: 4.4% yoy), breaking the moderating trend in place since December last year. Annual average HICP inflation (based on the harmonized index of consumer prices) was unchanged at 5.0% in March.
Greece - Producer Prices Data
|Inflation (PPI, annual variation in %)||7.7||4.8||-0.9||-1.2||-|
5 years of economic forecasts for more than 30 economic indicators.
Greece Producer Prices Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||5.29||0.03 %||Jul 26|
|Exchange Rate||1.16||-0.27 %||Jul 26|
|Stock Market||830||-1.52 %||Jul 26|
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July 10, 2017
Industrial production expanded a strong working-day adjusted 5.4% in May compared to the same month of last year, which was notably above April’s revised 0.8% growth (previously reported: +1.0% year-on-year).
July 7, 2017
The number of unemployed fell by 12,900 in April, according to the Hellenic Statistical Authority (EL.STAT.).
July 3, 2017
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose in June to the highest level seen since August last year.
June 23, 2017
A complete dataset released on 2 June by the Hellenic Statistical Authority (EL.STAT) revealed that the Greek economy performed much better than previously expected at the start of 2017.
June 9, 2017
Industrial production expanded a working-day adjusted 1.0% in April compared to the same month of last year, which was below March’s revised notable 10.1% growth (previously reported: +8.7% year-on-year).