Import prices fall for fifth straight month in June as energy drops by 38 pct

EconomyMacroeconomy Tags: ELSTAT, Imports

The contraction of Greece’s import price index continued in June, falling by 19.4 percent year-on-year (YoY), after dropping by 20.8 percent in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.

This is the fifth consecutive negative reading. February was the first negative number since January 2021, when the index had dropped by 4.8 pct. After that, the index expanded until January this year.

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