producer price index (PPI)

Greece's Overall PPI in industry decreased 7.1% y-o-y January-December 2023, against a 35% y-o-y increase posted January-December 2022

Meanwhile, the data for Industrial producer prices in the Eurozone showed a significant decline of 8.8% in November 2023

According to ELSTAT (Hellenic Statistical Authority), this reduction in the production cost of domestic industries can be attributed to a 9% decrease in the domestic market producer price index (with the food industry index increasing by 2.5%).