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Decline in import prices accelerates to 13.4 pct in Oct
Greece’s import price index continued to contract in October, picking up pace from the previous month, as it fell by 13.4 percent year-on-year (YoY), after dropping by 9.2 percent in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
The consecutive negative readings now stretch back for nine months as 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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