Prices hits highs in June
- Written by E.Tsiliopoulos
Greek producer prices increased at the fastest rate in eighteen months in June, according to a report from the Hellenic Statistical Authority ELSTAT.
Producer prices increased 1.1% year-over-year in June following the 0.6% rise in May. This marked the fastest growth in prices since December 2012. Domestic producer prices climbed 1.5% in June.
Among the sub-categories, consumable consumer goods prices increased 0.2% in June. Energy prices grew 4% year-over-year in June.
Meanwhile, prices of intermediate goods fell 1.6%. Prices of capital goods and consumer durables declined 0.7% and 0.2% , respectively, in June.
On a month-over-month basis, producer prices rose 0.4% in June, faster than the 0.3% increase in May.
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