ELSTAT: Greek producer price index up 2.1 pct in December

The Greek producer price index in the industrial sector grew 2.1 pct in December 2017 compared with December 2016, after a 5.1 pct increase recorded in the 2016/2015 period, Hellenic Statistical Authority said on Tuesday.

The statistics service, in a monthly report, attributed this development to an 1.8 pct increase in the producer price index in the domestic market and a 3.3 pct rise in the external market index.

The index was unchanged in December from November 2017, after a 3.3 pct increase recorded in the corresponding period in 2016. The producer price index grew 5.3 pct on average in 2017, after a 5.7 pct decline recorded in 2016.