Producer prices in Greece surged 4.7 percent from a year earlier in December 2019, following a 1.1 percent increase in the prior month. It was the highest producer inflation since October 2018, led by energy prices (11.2 percent vs 2.8 percent in November). In contrast, cost fell for intermediate goods (-0.3 percent vs -0.4 percent); capital goods (-0.1 percent, the same pace as in November) and durable consumer goods (-0.3 percent, the same pace as in November). On a monthly basis, producer prices went up 0.6 percent, down from a 2.6 percent rise in the previous month.

Producer Prices Change in Greece averaged 2.69 percent from 1996 until 2019, reaching an all time high of 15.57 percent in July of 2008 and a record low of -11.40 percent in February of 2016. This page provides the latest reported value for - Greece Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices Change in Greece is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Greece to stand at 1.00 in 12 months time. In the long-term, the Greece Producer Prices Change is projected to trend around 1.40 percent in 2021, according to our econometric models.


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Greece Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
4.70 1.10 15.57 -11.40 1996 - 2019 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 10:00 AM Sep -2% -2.6% -2.2%
2019-11-29 10:00 AM Oct -4.6% -2% -2.3%
2019-12-30 10:00 AM Nov 1.1% -4.6% -1%
2020-01-30 10:00 AM Dec 4.7% 1.1% 0.9%
2020-02-28 10:00 AM Jan 4.7%
2020-03-30 09:00 AM Feb
2020-04-30 09:00 AM Mar 0.5%
2020-05-29 09:00 AM Apr


News Stream
Greek December Producer Inflation at Over 1-Year High of 4.7%
Producer prices in Greece surged 4.7 percent from a year earlier in December 2019, following a 1.1 percent increase in the prior month. It was the highest producer inflation since October 2018, led by energy prices (11.2 percent vs 2.8 percent in November). In contrast, cost fell for intermediate goods (-0.3 percent vs -0.4 percent); capital goods (-0.1 percent, the same pace as in November) and durable consumer goods (-0.3 percent, the same pace as in November). On a monthly basis, producer prices went up 0.6 percent, down from a 2.6 percent rise in the previous month.
2020-01-30
Greece Producer Prices Rise for 1st Time in 6 Months
Producer prices in Greece increased 1.1 percent year-on-year in November 2019, recovering from a 4.6 percent slump in the previous month. It was the first rise in producer prices since May, mainly due to a rebound in energy cost (2.8 percent vs -9.9 percent in October). Meantime, prices continued to fall at the same pace for durable consumer goods (-0.3 percent); non-durable consumer goods (-0.1 percent) and capital goods (-0.1 percent) while intermediate goods prices declined further (-0.4 percent vs -0.3 percent). On a monthly basis, producer prices rose 2.6 percent, up from a 1.5 percent drop in October.
2019-12-30
Greek Producer Prices Fall the Most since 2016
Greece's producer prices declined 4.6 percent from a year earlier in October 2019, following a 2 percent fall in the previous month. This was the fifth straight monthly decrease in producer prices and at the quickest pace since July 2016. Prices fell for energy (-9.9 percent vs -4.5 percent in September); intermediate goods (-0.3 percent vs 0.2 percent); capital goods (-0.1 percent vs 0.2 percent); durable consumer goods (-0.3 percent, the same pace as in the prior month) and non-durable consumer goods (-0.1 percent vs -0.2 percent). On a monthly basis, producer prices decreased 1.5 percent, after rising 1.3 percent in the previous month.
2019-11-29
Greece Producer Prices Fall for 4th Month
Greece's producer prices declined 2.0 percent from a year earlier in September 2019, following a 2.6 percent fall in the previous month. This is the fourth straight monthly decrease in producer prices, though at a slightly slower pace. Prices fell for energy (-4.5 percent vs -5.9 percent in September), non-durable consumer goods (-0.2 percent vs -0.3 percent) and durable consumer goods (-0.3 percent, the same pace as in the prior month). Meanwhile, prices went up for intermediate goods (0.2 percent vs 0.4 percent) and capital goods (0.2 percent, the same pace as in the previous month). On a monthly basis, producer prices advanced 1.3 percent, after a 1.6 percent decrease in the previous month.
2019-10-30

Greece Producer Prices Change
In Greece, the Producer Price Index in Industry measures the monthly rates of change in the prices of goods that are produced in the domestic market and are sold in this market or are exported to the non domestic market. It is composed by the sub-indices of the domestic and non-domestic market. The index of the non domestic market is also sub-divided into the two market zone indices: the euro-zone and the non-euro zone index. .