Greece's producer prices surged 9.1 percent from a year earlier in March of 2021, after having remained barely unchanged in the previous month. This was the highest producer price inflation since February of 2017, as prices soared for energy (18.4 percent vs -1.2 in February), quickened for intermediate goods (3.3 percent vs 2.4 percent) and rose for capital goods (1.7 percent vs 2.5 percent). In addition, prices edged up for both durable consumer goods (0.3 percent vs 0.5 percent) and non-durable consumer goods (0.2 percent vs -0.1 percent). On a monthly basis, producer prices rose 1.1 percent in March, easing from the 3.3 percent advance in February. source: National Statistical Service of Greece

Producer Prices Change in Greece averaged 2.29 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 May of 2021.

Producer Prices Change in Greece is expected to be 2.50 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 2.20 in 12 months time. In the long-term, the Greece Producer Prices Change is projected to trend around 1.80 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Greece Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
9.10 0.00 15.57 -13.90 1996 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 10:00 AM Dec -8% -9% -8.6%
2021-02-26 10:00 AM Jan -5.4% -8% -6.7%
2021-03-30 09:00 AM Feb -0.03% -5.4% -4.8%
2021-04-29 09:00 AM Mar 9.1% 0% 1.4%
2021-05-28 09:00 AM Apr 9.1%
2021-06-30 09:00 AM May
2021-07-30 09:00 AM Jun
2021-08-27 09:00 AM Jul


News Stream
Greek Producer Prices Surge in March
Greece's producer prices surged 9.1 percent from a year earlier in March of 2021, after having remained barely unchanged in the previous month. This was the highest producer price inflation since February of 2017, as prices soared for energy (18.4 percent vs -1.2 in February), quickened for intermediate goods (3.3 percent vs 2.4 percent) and rose for capital goods (1.7 percent vs 2.5 percent). In addition, prices edged up for both durable consumer goods (0.3 percent vs 0.5 percent) and non-durable consumer goods (0.2 percent vs -0.1 percent). On a monthly basis, producer prices rose 1.1 percent in March, easing from the 3.3 percent advance in February.
2021-04-29
Greek Producer Prices Fall the Least in 13 Months
Greece's producer prices decreased 0.03 percent from a year earlier in February of 2021, the smallest in the current 13-month period of decline and easing from a 5.4 percent drop in the previous month. Cost fell for energy (-1.2 percent) and non-durable goods (-0.1 percent) while prices rose for durable goods (0.5 percent); intermediate goods (2.4 percent) and capital goods (2.5 percent). On a monthly basis, producer prices climbed 3.3 percent, extending a 2.3 percent rise in January.
2021-03-30
Greek Producer Prices Fall for 12th Month
Greece's producer prices dropped 5.4 percent year-on-year in January 2021, a 12th consecutive month of decline, led by lower cost for energy products (-11.5 percent). Meanwhile, non-durable consumer goods prices were unchanged, while cost increases were recorded for capital goods (2.8 percent), intermediate goods (1.1 percent) and durable consumer goods (0.5 percent). On a monthly basis, producer prices jumped 2.3 percent in January.
2021-02-26
Greek Producer Prices Fall Most in 6 Months
Greece's producer prices fell by 9.0 percent from a year earlier in November 2020, the biggest decline since May, with main downward pressure coming from a 19.2 percent slump in energy cost. Prices for intermediate goods also fell (-0.4 percent), while increases were seen in cost for capital goods (2.2 percent), durable consumer goods (0.9 percent), and non-durable consumer goods (0.1 percent).
2020-12-30

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. .