Greece’s import price index (MPI) in industry dropped for a sixth consecutive month in July, to 14.4% y-o-y, data from statistical office ELSTAT showed. MPI in June was -19.4%. On a monthly basis, import price index rose 4.8% in July. 

The decline in MPI is mainly due to annual changes in the sub-indices of manufacture of coke and refined petroleum products -30.5%,  extraction of crude petroleum and natural gas -29.0% and  electricity, gas, steam and air conditioning supply -21.7%.