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Financial News: Greece Producer Prices Fall For Second Month

Greece Producer Prices Fall For Second Month

04/30/2020 - 08:04:00 (RTTNews)

(RTTNews) - Greece producer prices declined for the second month in a row in March, the Hellenic Statistical Authority reported on Thursday.

The producer prices index declined 9.1 percent year-on-year in March, following a 0.8 percent fall in February.

On an annual basis, producer prices in the domestic market and non-domestic market decreased by 5.8 percent and 19.3 percent, respectively, in March.

On a monthly basis, producer prices fell 7.4 percent in March, following a 2.2 percent decrease in the prior month.

Separate data from the statistical office showed that the retail sales rose 3.5 percent year-on-year in February, after a 6.2 percent increase in January.

On a monthly basis, retail sales declined 1.4 percent in February, after a 3.2 percent rise in the preceding month.

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