European Economic News

Greece Import Prices Fall At Slower Rate In November

Greece's import prices decreased at a slower pace in November, the Hellenic Statistical Authority reported Monday.

The import price index fell 10.4 percent year-over-year in November, following a 12.6 percent slump in the preceding month. Prices have been falling since December 2013.

Among sectors, energy prices declined the most by 35.5 percent annually in November. Prices for intermediate goods slid 0.9 percent, while prices for capital goods climbed by 0.2 percent.

On a monthly basis, import prices edged up 0.2 percent in November, reversing a 0.8 percent drop in October. It was the first increase in five months.

by RTTNews Staff Writer

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