Producer prices in Greece hiked 13.1 percent year-on-year in August of 2021, following a 13.0 percent jump in the previous month, the fastest price increase since May. Prices of energy maintained a strong momentum (24.4 percent vs 24.5 percent in July), amid a combination of low base year effects and tightening supplies. Meanwhile, Inflationary pressures were stronger in intermediate goods (7.2 percent vs 6.7 percent); capital goods (5.0 percent vs 4.2 percent); durable consumer goods (1.6 percent vs 1.0 percent). Lastly, non-durable consumer goods rose at the same pace as in July (1.0 percent). On a monthly basis, producer prices inched down 0.1 percent in August, following an upwardly revised 1.1 percent rise in July. source: National Statistical Service of Greece

Producer Prices Change in Greece averaged 2.47 percent from 1996 until 2021, reaching an all time high of 15.57 percent in July of 2008 and a record low of -13.90 percent in April of 2020. This page provides the latest reported value for - Greece Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Producer Prices Change in Greece is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Producer Prices Change is projected to trend around 2.50 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Greece Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-08-27 09:00 AM Jul 13% 12.6% 12.7%
2021-09-30 09:00 AM Aug 13.1% 13% 13.6%
2021-10-29 09:00 AM Sep 13.1% 14%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Greek Producer Prices Rise the Most in 3 Months
Producer prices in Greece hiked 13.1 percent year-on-year in August of 2021, following a 13.0 percent jump in the previous month, the fastest price increase since May. Prices of energy maintained a strong momentum (24.4 percent vs 24.5 percent in July), amid a combination of low base year effects and tightening supplies. Meanwhile, Inflationary pressures were stronger in intermediate goods (7.2 percent vs 6.7 percent); capital goods (5.0 percent vs 4.2 percent); durable consumer goods (1.6 percent vs 1.0 percent). Lastly, non-durable consumer goods rose at the same pace as in July (1.0 percent). On a monthly basis, producer prices inched down 0.1 percent in August, following an upwardly revised 1.1 percent rise in July.
2021-09-30
Greece Producer Inflation Quickens in July
Producer prices in Greece increased 13.0 percent year-on-year in July of 2021, following a 12.6 percent jump in the previous month. Inflationary pressure quickened for energy (24.5 percent vs 23.8 percent in June); and non-durable consumer goods (1.0 percent vs 0.8 percent). Meanwhile, prices rose at a softer pace for durable consumer goods (1.0 percent vs 1.7 percent); and capital goods (4.2 percent vs 4.3 percent). Additionally, intermediate goods inflation was unchanged at 6.7 percent. On a monthly basis, producer prices edged up 0.8 percent, after rising 2.6 percent in the prior month.
2021-08-27
Greece Producer Inflation Slows Further in June
Producer prices in Greece hiked 12.6 percent year-on-year in June of 2021, easing from a 13.7 percent jump in the previous month. Prices rose at a softer pace in energy as baseline effects faded (23.8 percent vs 27.9 percent in May). In all other major industrial groups, inflationary pressures were stronger, namely intermediate goods (6.7 percent vs 5.9 percent); capital goods (4.3 percent vs 3.4 percent); durable consumer goods (1.7 percent vs 1.3 percent); and non-durable consumer goods (0.8 percent vs 0.7 percent).
2021-07-30

Greece Last Unit Reference Previous Highest Lowest
Inflation Rate 2.20 percent Sep/21 1.90 33.70 -2.90
Consumer Price Index CPI 107.73 points Sep/21 105.24 111.34 1.14
Harmonised Consumer Prices 102.83 points Sep/21 100.68 104.67 58.92
Core Inflation Rate 0.10 percent Sep/21 -0.30 3.20 -4.40
Core Consumer Prices 97.77 points Sep/21 94.66 105.22 94.58
GDP Deflator 98.44 points Dec/20 99.90 104.62 58.67
Producer Prices 108.20 points Aug/21 108.30 111.80 74.20
Producer Prices Change 13.10 percent Aug/21 13.00 15.57 -13.90
Import Prices 121.85 points Aug/21 123.56 123.56 1.19
Inflation Rate Mom 2.10 percent Sep/21 -0.10 5.98 -2.08
Food Inflation 3.10 percent Sep/21 3.00 12.85 -3.00
CPI Transportation 125.57 points Sep/21 125.26 130.61 76.55
CPI Housing Utilities 118.66 points Sep/21 118.27 134.22 63.28


Greece Producer Prices Change
In Greece, the Producer Price Index in Industry measures the monthly rates of change in the prices of goods that are produced in the domestic market and are sold in this market or are exported to the non domestic market. It is composed by the sub-indices of the domestic and non-domestic market. The index of the non domestic market is also sub-divided into the two market zone indices: the euro-zone and the non-euro zone index. .