Producer prices triple YoY and increase by 4.9 pct MoM

EconomyMacroeconomy Tags: ELSTAT, PPI
Photo via https://flic.kr/p/2cusZK8
Photo via https://flic.kr/p/2cusZK8

Greece’s Producer Price Index (PPI) continued its meteoric rise in February, when it jumped by 33.6 percent year-on-year (YoY), after another solid increase of 31.6 percent in January, ELSTAT data said on Wednesday.

The index was in negative territory for most of 2020 and up until March 2021, when it grew annually by 9.1 percent. It has been growing ever since, closing a full year that took the index from 102.63 points in February last year, to 137.09 points this y...

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