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 %)||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||5.09||0.76 %||Nov 17|
|Exchange Rate||1.18||0.65 %||Nov 17|
|Stock Market||712||-1.46 %||Nov 17|
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November 10, 2017
Industrial production expanded a working-day-adjusted 2.4% in September compared to the same month of last year, which was below August’s revised 5.5% growth (previously reported: +5.6% year-on-year).
November 9, 2017
The number of unemployed fell by 16,769 in August from the previous month and by 141,342 compared with August 2016, according to recent data released by the Hellenic Statistical Authority (EL.STAT). Accordingly, the unemployment rate fell from July’s revised 20.9% (previously reported: 21.0%) to 20.6%, a multi-year low.
November 1, 2017
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) fell in October, after recording the best result in over nine years in September.
October 11, 2017
Industrial production expanded a working-day-adjusted 5.6% in August compared to the same month of last year, which was notably above July’s revised 2.1% growth (previously reported: +1.7% year-on-year).
October 2, 2017
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) climbed in September, suggesting the fastest rate of growth in the manufacturing sector in over nine years.