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Greek Import Price Inflation Eases In February

4/12/2012 6:32 AM ET

Greece's import prices increased at a slower rate in February, data released by the Hellenic Statistical Authority showed Thursday.

The import price index increased 7.8 percent on an annual basis in February, slower than the 8.7 percent growth seen in the previous month.

Import prices of intermediate goods rose 1.1 percent year-on-year, while capital goods prices decreased 0.5 percent. Prices of durable consumer goods non-durable consumer goods moved up 0.8 percent each during the month, while energy prices climbed 26.4 percent.

On a monthly basis, import prices moved up at a slower rate of 1 percent in February than January's 2.2 percent growth.

by RTT Staff Writer

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