General prices in industry decreased by 6.4% in January 2024 compared to the corresponding January 2023 index, according to the Greek Statistical Authority (ELSTAT). When comparing import price indices in 2023 to 2022 there is a 0.4% increase. According to ELSTAT, this reduction in so-called ‘imported inflation’ is due to: In reducing the price index of imports from non-euro area countries by 8.9% In reducing the import price index from euro area countries by 1.2% However, the general indicator showed an increase of 1.7% in January 2024 compared to the December 2023 index, compared with a decrease of 0.8% in the corresponding comparison of indicators in 2023 to 2022. SOURCE: RES-BE
6.4% lowered the overall import price index in the industry in January 2024
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