Greek import price index up 3.1 pct in November

Greek import price composite index in the industrial sector grew 3.1 pct in November, compared with the same month in 2015, after an 8.8 pct decline recorded in the 2015/2014 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 6.2 pct increase in the import price index from countries outside Eurozone while the import price index from Eurozone countries was unchanged.

The index fell 0.4 pct in November from October 2016, after an 1.0 pct decline recorded in the same period in 2015.