Feb 27 • 10:45 UTC 🇬🇷 Greece Naftemporiki

Industry: 'Producer prices slowed down' in January

Producer prices in Greece's domestic industry experienced a decline in January 2026, raising expectations for price cooling at retail levels.

In January 2026, Greece saw a decrease in producer prices within its domestic industry, as reported by the Hellenic Statistical Authority. Specifically, the General Producer Price Index showed a decline of 3.7% compared to the same month last year, a significant shift from the previous year where there was a slight increase of 0.3%. This change is significant as it could indicate a potential easing of inflationary pressures in the retail market, which may benefit consumers in the coming months.

On a month-to-month basis, however, the General Index saw a minimal increase of 0.2% from December 2025 to January 2026. This contrasts with a more pronounced increase of 1.9% in the previous year's comparison, suggesting that while year-on-year prices are falling, there may be short-term volatility in monthly price changes. The market will likely be monitoring this trend closely to gauge its implications for future pricing strategies and policies.

Additionally, the average General Index for the 12-month period from February 2025 to January 2026 has shown a slight decrease of 0.3% compared to the previous 12-month average from February 2024 to January 2025. This decline follows a more significant decrease of 1.6% in the prior period and may indicate a broader trend of stabilizing or reducing production costs in the Greek industrial sector, which is critical for economic recovery and growth.

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