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Energy drives import price drop of 2.1 pct YoY in July
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Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
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Car sales record modest rise in August, up 3.3 pct YoY in 8M
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Electricity drags industrial production down by 0.5 pct YoY in July
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
Energy prices drive 2.8 pct YoY import price drop, as non-durable goods rise
Greece’s import price index contraction moderated further in November, dropping by 2.8 percent year-on-year (YoY), after a 5.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
The index recorded more than one year of consecutive negative readings, however, import prices had been on the rise for a spell after March 2024. It is now five successive months of contraction since July.
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