Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct

EconomyMacroeconomy Tags: ELSTAT, PPI

Greece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8 percent year-on-year (YoY), after jumping by 46.2 percent in March, ELSTAT data said on Monday.

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, gathering pace over 14 continuous months. This has taken the index from 102.63 points in February last ye...

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