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Financial News: Greece Producer Prices Highest In 13 Months

Greece Producer Prices Highest In 13 Months

01/30/2020 - 07:12:00 (RTTNews)

(RTTNews) - Greece producer prices rose to the highest level in thirteen months in December, the Hellenic Statistical Authority reported on Thursday.

Producer prices rose 4.7 percent year-on-year in December, following a 1.1 percent rise in November.

The latest inflation was the highest since October last year, when it was 7.7 percent.

On a monthly basis, producer prices rose 0.6 percent, slower than 2.6 percent increase seen in the prior month.

On an annual basis, producer prices in the domestic market and non-domestic market increased by 4.6 percent and 5.0 percent, respectively, in December.

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