Greek import price index up 3.0 pct in February

The Greek import price composite index in the industrial sector grew 3.0 pct in February this year compared with the same month in 2017, after an 11.4 pct rise recorded in the 2017/2016 period, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development in the so-called imported inflation to a 6.0 pct increase in the import price index from countries outside the Eurozone and a 0.2 pct decline in the Eurozone index.

The index was down 1.6 pct in February from January 2018, after a 0.3 pct decline recorded in the corresponding period last year.