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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
GreeceGreece Producer Price Index YoY climbed to 11.8% in July 2026
FMPMonthlyReleased August 2026
Greece Producer Price Index YoY climbed to 11.8% in July 2026, released August 2026, up 3.0% from June's 8.8% reading. The print exceeded the 8.9% consensus by 2.9%. The print is running well above the 12-month average of 2.61%. Over the past 3 months, Producer Price Index YoY averaged 11.15%, vs 6.47% in the prior 3-month window. The reading is in the 86th percentile of the trailing 24-month range.
Latest Release
11.8
Actual
8.9
Consensus
8.8
Previous
Median Absolute Error
±2.39 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 7.83
Actual: 11.8
Error: -3.98
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▼ Inverse | −0.68 | FOREX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.56 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.47 | COMMODITIES | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.32 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Greece) was reported at 11.8% in August 2026. This beat the market consensus of 8.9% by 2.9%. The reading rose from the previous value of 8.8%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 3.21%, ranging from -3.7% to 13.5% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 11.37%, up from the prior three at 2.47%. Volatility over the past year (σ 6.58%) is higher than the prior year (σ 0.93%).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/USD (Bearish EUR). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 2.39%.
WHAT TO WATCH NEXT
The next release is scheduled for September 30, 2026. Same-country events in the next 14 days include Retail Sales YoY (Sep 30) and Unemployment Rate (Sep 30).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Producer Price Index YoY - GR
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About Producer Price Index YoY — Greece
DEFINITION
Greece's Producer Price Index YoY for August rose to 11.8%, beating the 8.9% estimate and up from July's 8.8%. This marks a significant acceleration in producer inflation compared to the prior month, indicating rising cost pressures in the economy. Market participants will watch upcoming inflation data closely amid persistent price gains. Updated 8/28/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 11.8 %, consensus 8.9 %. Prior reading (Jun 2026): 8.8 %. Before that (May 2026): 13.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/USD (Bearish EUR, r=-0.68) — a useful reference for forex-focused traders.
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Economic Calendar - GR Events
| Friday, September 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | GR | Current Account | -0.603 | 0.5 | 0.96 | Low | |
| Monday, September 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | GR | Current Account | -0.603 | 0.5 | 0.96 | Low | |