Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops

EconomyMacroeconomy Tags: ELSTAT, PPI
Image via www.viohalco.com
Image via www.viohalco.com

The pace of Greece’s Producer Price Index (PPI) annual growth accelerated once again, with another solid rise of 39.5 percent year-on-year in August, from 35.6 percent in July, 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, gathering pace over nearly a year and half. This has taken the index from 102.63 points in February last...

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