Greece Producer Inflation Slows to 8.8% in June as Energy Price Growth Eases
Updated
Updated · TradingView · Jul 31
Greece Producer Inflation Slows to 8.8% in June as Energy Price Growth Eases
2 articles · Updated · TradingView · Jul 31
Summary
Greece’s producer prices rose 8.8% year on year in June, slowing sharply from 13.5% in May.
Energy inflation cooled to 15.5% from 26.4%, while non-durable consumer goods inflation eased to 1.1% from 1.6%, driving the deceleration.
Price pressures still firmed in other categories, with Intermediate goods at 6.4% from 6.1%, capital goods at 3.6% from 3.4%, and durable consumer goods at 2.2% from 2.1%.
On a monthly basis, producer prices fell 3.0% in June after a 0.9% decline in May, pointing to further short-term easing in factory-gate prices.