2024-09-30 17:08:26
Producer prices in the domestic industry moved on a downward trajectory in August.
As can be seen from the data announced by Greek Statistical Authoritythe General Index of Producer Prices in Industry (domestic and foreign market total) showed a decrease of 2.4% last August, compared to the corresponding month last year, compared to a decrease of 8.3% recorded during the corresponding comparison of the indices of 2023 with 2022.
On a monthly basis, however, the August General Index showed a 0.5% increase, compared to the July 2024 index, against a 3.0% increase noted during the corresponding comparison of the 2023 indices.
At the twelve-month level, the average General Index of the period September 2023-August 2024, fell by 4.4% compared to the average General Index of the twelve months September 2022-August 2023, against an increase of 3.1% noted during the corresponding comparison of previous twelve months.
According to the data of ELSTAT, the changes in the indicators of the two-digit branches of the NACE classification mainly contributed to the annual decrease in August
Rev. 2, as follows:
- Production of coke and refined petroleum products -19.4%
- Manufacture of rubber and plastic products -5.6%
- Manufacture of metal products, excluding machinery and equipment -2.2%
- Production of other non-metallic mineral products -2.1%
On the contrary, the following sectors moved upwards:
- Base metal production 2.3%
- Food industry 5.8%
- Manufacturing of computers, electronic and optical products 7.2%
- Manufacture of machinery and equipment n.e.c. 7.3%
- Supply of electricity, natural gas, steam and air conditioning 8.5%
- Production of basic pharmaceutical products and pharmaceutical preparations 9.9%
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