The imported industry inflation rate (MPI) in September 2024, with the base year 2015 = 100.0, recorded a decrease of 10.6% compared with September 2023, according to the Hellenic Statistical Authority (ELSTAT). The corresponding index in September 2023 had recorded a decrease of 9.2% compared with September 2022.
The index in September 2024 recorded a decrease of 2.9% compared with August 2024. The corresponding index in September 2023 had recorded an increase of 3.9% compared with August 2023.
The twelve-month average index from October 2023 to September 2024 decreased by 4.1% in comparison with the corresponding index of the period from October 2022 to September 2023, while the decrease recorded between the previous twelve-month periods amounted to 6.6%.
The index for September 2024, with a 2015 base year set at 100.0, dropped by 2.9% from August 2024, contrasting with a 3.9% increase recorded for the same period in 2023. Additionally, the 12-month average index from October 2023 to September 2024 showed a 4.1% reduction compared to the 6.6% decrease noted for the previous 12 months.
Annual Comparison Factors The 10.6% drop in the General Import Price Index for September 2024, compared to September 2023, is attributed to:
- A 15.2% decline in the Import Price Index from non-Eurozone countries.
- A 1.2% decrease in the Import Price Index from Eurozone countries.
The 2.9% reduction in the General Import Price Index for September 2024, relative to August 2024, can be explained by:
- A 4.4% fall in the import price index from non-Eurozone countries.
- A 0.3% decrease in the import price index from Eurozone countries.
It is also noteworthy that the Producer Price Index in Industry (covering both domestic and external markets) recorded a 4.5% decline in September 2024 compared to September 2023. This figure follows a 4.3% decrease observed in the comparison of September 2023 to September 2022, according to ELSTAT.
