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||-7.2|
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Greece Producer Prices Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||7.83||-0.03 %||Feb 16|
|Exchange Rate||1.07||0.92 %||Feb 16|
|Stock Market||629||0.49 %||Feb 16|
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February 14, 2017
Growth in Greece’s crisis-hit economy stalled in the fourth quarter after recording the best performance seen since Q1 2008 in Q3.
February 9, 2017
Industrial production expanded a working-day adjusted 2.2% in December compared to the same month of the previous year, which was above November’s revised 2.0% rise (previously reported: +2.3% year-on-year).
February 9, 2017
The number of unemployed decreased by 1,900 in November, according to the Hellenic Statistical Authority (EL.STAT.).
January 12, 2017
The number of unemployed decreased by 8,200 in October, according to the Hellenic Statistical Authority (EL.STAT.).
January 10, 2017
Industrial production expanded a working-day adjusted 2.3% in November compared to the same month of the previous year, which was a deceleration from October’s revised 7.0% rise (previously reported: +6.8% year-on-year).