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Greece Producer Price Inflation Accelerates In January

2/29/2012 8:35 AM ET

Greece's producer price inflation accelerated in January, data from the Hellenic Statistical Authority Showed Wednesday.

Producer prices increased 7.5 percent annually in January, after falling to a 14-month low of 5.7 percent in December.

Output prices of goods sold in the domestic market grew 7.7 percent annually, while prices of non-domestic market goods grew 6.9 percent.

On a monthly basis, prices advanced 2.7 percent in January, following a 0.2 percent gain in December. This is the biggest price gain in two years.

by RTT Staff Writer

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