Industrial PPI soars 29,4% in December 2021
Industrial PPI soars 29,4% in December 2021
  Economy  |  Greece  |  Analysis

Industrial PPI soars 29,4% in December 2021

In December 2021 recorded an increase of 29.4% compared with December 2020.
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RE+D magazine
28.01.2022

The Overall Producer Price Index (PPI) in Industry (total of domestic and non-domestic market) with base year 2015=100.0 in December 2021 recorded an increase of 29.4% compared with December 2020.

The corresponding index in December 2020 had recorded a decrease of 8.0% compared with December 2019.

The Overall Producer Price Index in December 2021 recorded an increase of 5.7% compared with November 2021. The corresponding index in December 2020 had recorded an increase of 1.8% compared with November 2020.

The average Overall Index for the twelve-month period from January 2021 to December 2021 increased by 13.8% in comparison with the corresponding index for the period from January 2020 to December 2020, while the decrease recorded between the previous twelve-month periods amounted to 7.3%.

The increase of 29.4% in the Overall Producer Price Index in Industry in December 2021 compared with December 2020 is on account of the annual changes of the sub-indices of the markets as follows: 

a. 30.4% increase in the PPI of the Domestic Market

b. 26.0% increase in the PPI of the Non-Domestic Market

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