Hellenic Statistical Authority: Greek PPI up 8.2 pct in July

Greece’s producer’s price index in the industrial sector rose 8.2 pct in July compared with the same month last year, after a 3.0 pct increase recorded in the 2017/2016 period, Hellenic Statistical Authority said on Thursday.

The statistics service, in a monthly report, attributed this development to an increase of 6.6 pct in the domestic market index and a 13.6 pct rise in the external market index (reflecting higher international oil prices). The producer’s price index rose 0.4 pct in July from June 2018 after a 0.4 pct increase recorded in the corresponding period last year.