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.