25052019Headline:

ELSTAT: Greek import price index up 3.1 pct in March

The Greek import price index in the industrial sector rose 3.1 pct in March compared with the same month last year, after a 5.3 pct increase recorded in the same period in 2018/2017, Hellenic Statistical Authority said in a report released on Tuesday.

The statistics service attributed this development in the so-called “imported inflation” to a 0.9 pct increase in the import price index from Eurozone countries and a 4.9 pct rise in the import price index from countries outside Eurozone (mainly because of a rise in international oil prices).

The index rose 1.1 pct in March from February 2019, after an 1.0 pct increase recorded in the same period last year.