Hellenic Statistical Authority: Import price index up 3.1 pct in July

The Greek import price index in the industrial sector rose 3.1 pct in July compared with the same month last year, after a 9.7 pct increase recorded in the same period in 2018/2017, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, attributed this development in the so-called imported inflation to an 1.4 pct increase in the index from Eurozone countries and a 2.0 pct rise in the import price index from countries outside Eurozone.

The index was up 1.2 pct in July from June, after a 0.4 pct decline recorded in the same period last year.