Hellenic Statistical Authority: Greek import price index up 5.8 pct in November

The Greek import price index in the industrial sector grew 5.8 pct in November compared with the same month in 2016, after a 3.1 pct increase recorded in the 2016/2015 period, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development in so-called imported inflation to a 0.6 pct increase in the import price index from Eurozone states and a 10.8 pct jump in the import price index from countries outside Eurozone (reflecting higher international oil prices).

The index grew 1.4 pct in November from October 2017, after a 0.4 pct decline recorded in the same period in 2016.