2017.10.3007:53:00UTC+00Greece PPI Inflation Accelerates For Third Month

Greece's producer price inflation accelerated for the third straight month in September, figures from the Hellenic Statistical Authority showed Monday.

The overall producer price index climbed 4.8 percent year-over-year in September, faster than the 4.1 percent rise in August. The measure has been rising since December last year.

The increase in September was largely driven by a 10.0 percent surge in prices of energy goods.

Producer prices on the domestic market grew 4.0 percent annually in September and those in the foreign market rose by 7.5 percent.

On a monthly basis, producer prices went up 1.3 percent from August, when it increased by 0.9 percent.