Greece Producer Prices, Retail Sales Decline

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Greece producer prices declined at a faster pace in September, data from the Hellenic Statistical Authority showed on Friday.

The producer prices index declined 8.6 percent year-on-year in September, following a 6.6 percent fall in August.

On an annual basis, producer prices in the domestic market and non-domestic market decreased by 5.6 percent and 17.8 percent, respectively, in September.

On a monthly basis, producer prices rose 0.8 percent in September, after a 1.0 percent decrease in the prior month.

Separate data from the statistical office showed that the retail sales declined 1.4 percent year-on-year in August, following a 2.7 percent decrease in July.

On a monthly basis, retail sales rose 0.8 percent in September, after a 1.0 percent fell in the preceding month.

The material has been provided by InstaForex Company – www.instaforex.com

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