The Overall Import Price Index (MPI) in Industry with base year 2015=100.0 in December 2021 recorded an increase of 23.6% compared with December 2020. The corresponding index in December 2020 had recorded a decrease of 10.4% compared with December 2019.
The Overall Index in December 2021 recorded an increase of 1.5% compared with November 2021. The corresponding index in December 2020 had recorded an increase of 2.7% compared with November 2020.
The twelve-month average Overall Index from January 2021 to December 2021, increased by 20.0% in comparison with the corresponding index of the period from January 2020 to December 2020, while the decrease recorded between the previous twelve-month periods amounted to 10.8%.
1. Annual rates of change: December 2021 compared with December 2020
The increase of 23.6% in the Overall Import Price Index in Industry in December 2021 compared with December 2020 is on account of the yearly changes of the sub-indices of the markets as follows:
a. 34.4% increase in the MPI of the Non-Eurozone Market.
b. 6.8% increase in the MPI of the Eurozone Market.
More specifically, the aforementioned increase was the result of the yearly changes mainly of the sub-indices in the following NACE Rev.2 divisions:
2. Monthly rates of change: December 2021 compared with November 2021
The increase of 1.5% in the Overall Import Price Index in Industry in December 2021 compared with November 2021 is on account of the monthly changes of the sub-indices of the markets as follows:
a. 2.0% increase in the MPI of the Non-Eurozone Market
b. 0.6% increase in the MPI of the Eurozone Market
More specifically, the aforementioned increase was the result of the monthly changes mainly of the sub-indices in the following NACE Rev.2 divisions:
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