Greece's producer price inflation rate eased to 13.7 percent year-on-year in May 2021, from the previous month's near 13-year high of 14.6 percent, as prices rose at softer pace for energy products (27.9 percent vs 31.7 percent in April). Meanwhile, inflation picked up for main other industrial groups: intermediate goods (5.9 percent vs 4.4 percent); capital goods (3.4 percent vs 1.8 percent); durable consumer goods (1.3 percent vs 0.4 percent); and non-durable consumer goods (0.7 percent vs 0.5 percent). source: National Statistical Service of Greece
Producer Prices Change in Greece averaged 2.36 percent from 1996 until 2021, reaching an all time high of 15.57 percent in July of 2008 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 July of 2021.
Producer Prices Change in Greece is expected to be 13.20 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 6.50 in 12 months time. In the long-term, the Greece Producer Prices Change is projected to trend around 2.50 percent in 2022 and 2.00 percent in 2023, according to our econometric models.