PPI up 8.2 pct in April

Greece’s Producer’s Price Index in the industrial sector rose 8.2 pct in April this year, compared with the same month in 2010, after an increase of 9.8 pct recorded in April 2010, Hellenic Statistical Authority said on Friday. The statistics service, in a report, said this development could be translated into higher inflationary pressures if rising production cost was rolled over to consumption. The statistics service attributed the 8.2 pct increase in the producer’s price index to a 7.9 pct increase in the domestic market index and a 9.0 pct rise in the external market index. The PPI was up 1.0 pct in April from March, after an increase of 1.5 pct recorded in the same period last year.

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