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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Spike in producer prices continues with 46.2 pct energy-led rise in March
Greece’s Producer Price Index (PPI) continued its explosive rise in March, when it jumped by 46.2 percent year-on-year (YoY), after a 33.6 percent increase in February, ELSTAT data said on Friday.
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 103.72 points in March last year, to 151.62 points this year.
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