Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly

EconomyMacroeconomy Tags: ELSTAT, PPI

Greece’s Producer Price Index (PPI) remained in contraction in November, although it moderated to 1.2 percent year-on-year (YoY), after a decline of 2.3 percent in October, ELSTAT data showed on Monday.

July this year provided the first positive reading since February 2023, producer prices have been in contraction for more than 1.5 years.

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