Greek Producer Price Index down 11.4 pct in February 2016

Greece’s Overall Producer Price Index in Industry (total of domestic and non domestic market) recorded a decline of 11.4% in February 2016, compared to February 2015. The index in February 2015 had recorded a decrease of 4.8% compared with February 2014.

The Overall Producer Price Index (PPI) in February 2016 compared with January 2016 recorded a fall of 0.4%. The index in February 2015 had recorded an increase of 4.2% compared with January 2015.

The twelve-month average overall index, from March 2015 to February 2016, compared with the same index of the period from March 2014 to February 2015, decreased by 7.6%. The previous year the twelve-month average overall index had decreased by 2.1%

Prices in total industry in February 2016 decreased by 0.4% compared with the previous month, January 2016, due to the monthly changes of the sub-indices of the markets:

a. The PPI of the Domestic Market decreased by 0.6%
b. The PPI of the Non-Domestic Market increased by 0.1%

Prices in total industry in February 2016 decreased by 11.4% compared with the same month of the previous year, February 2015, due to the annual changes of the sub-indices of the markets:

a. The PPI of the Domestic Market decreased by 9.9%
b. The PPI of the Non-Domestic Market decreased by 16.0%

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

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