Energy pushes producer prices down by 2.4 pct YoY in Aug

EconomyMacroeconomy Tags: ELSTAT, PPI
Image: https://www.flickr.com/photos/worldbank/
Image: https://www.flickr.com/photos/worldbank/

Greece’s Producer Price Index (PPI) went back into contraction in August, dropping by 2.4 percent year-on-year (YoY), after a marginal rise of 0.1 percent in July, ELSTAT data showed on Monday.

With the exception of last month’s first positive reading since February 2023, producer prices have been in contraction for almost 1.5 years.

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