Greek producer’s price composite index up 5.1 pct in December

Greek producer’s price composite index in the industrial sector grew 5.1 pct in December 2016, compared with the same month in 2015, after a 7.8 pct decline recorded in the 2015/2014 period, Hellenic Statistical Authority said on Monday.

The statistics service, in a report, attributed this development to a 2.9 pct increase in the domestic market index and a 12.7 pct jump in the external market index in December.

The producer’s price index grew 3.3 pct in December from November 2016, from a decline of 3.0 pct recorded in the 2015 period.

The average index in the 12-month period from January 2016 to December 2016 fell 5.7 pct compared with the same period in 2015.