Producer prices in Greece increased 29.4 percent year-on-year in September of 2022, easing from a 39.5 percent rise in the previous month. It was the lowest since the beginning of the year as prices eased for most industries namely energy (47.3 percent vs 69.2 percent in August), intermediate goods (14.9 percent vs 15.7 percent), capital goods (8.7 percent vs 9.4 percent), and durables consumer goods (2 percent vs 2.3 percent). On the other hand, cost rose at a faster pace for non-durables consumer goods (7.2 percent vs 6.4 percent). On a monthly basis, producer prices slumped 2.4 percent, slowing sharply from a 2.7 percent hike in the preceding month. source: National Statistical Service of Greece
Producer Prices Change in Greece averaged 3.75 percent from 1996 until 2022, reaching an all time high of 48.80 percent in April of 2022 and a record low of -13.90 percent in April of 2020. 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. Greece Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Producer Prices Change in Greece is expected to be 35.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Producer Prices Change is projected to trend around 10.00 percent in 2023 and 2.00 percent in 2024, according to our econometric models.