Greece's producer prices decreased 0.03 percent from a year earlier in February of 2021, the smallest in the current 13-month period of decline and easing from a 5.4 percent drop in the previous month. Cost fell for energy (-1.2 percent) and non-durable goods (-0.1 percent) while prices rose for durable goods (0.5 percent); intermediate goods (2.4 percent) and capital goods (2.5 percent). On a monthly basis, producer prices climbed 3.3 percent, extending a 2.3 percent rise in January. source: National Statistical Service of Greece
Producer Prices Change in Greece averaged 2.26 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 April of 2021.
Producer Prices Change in Greece is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Greece to stand at 2.60 in 12 months time. In the long-term, the Greece Producer Prices Change is projected to trend around 1.80 percent in 2022 and 2.00 percent in 2023, according to our econometric models.