Hellenic Statistical Authority: Greek import price index up 12.1 pct in January

Greece’s import price composite index in the industrial sector grew 12.1 pct in January this year, compared with the same month in 2016, after a 6.7 pct decline recorded in the 2015/2014 period, Hellenic Statistical Authority said on Tuesday.

The statistics service, in a report, attributed this development in the so-called imported inflation to a 0.8 pct increase in the import price index from Eurozone countries and a 24.7 pct jump in the index from countries outside Eurozone.

The index grew 1.1 pct in January from December 2016, from a decline of 1.9 pct recorded in the same period last year.