Macroeconomy
CPI rises by 0.6 pct in Feb for tenth consecutive monthly increase
Greece’s Consumer Price Index (CPI) rose by 0.6 percent in February from 0.4 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Industrial production up by 3.4 pct in Jan for third straight rise
Greece’s Industrial Production Index (IPI) grew by 3.4 percent year-on-year (YoY) in January from an upward revised figure of 1.3 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Trade deficit up by 5.1 pct in Jan as imports rise, exports edge down
Greece’s trade deficit increased by 9 percent year-on-year (YoY) in January, accelerating from the 5.1 percent rise seen in December, data from the Hellenic Statistical Authority (ELSTAT) showed on Friday.
Turnover in tourism grows by 2.8 pct during Q4 and 9 pct in 2018
The turnover index in accommodation and food services remained positive for a seventh continuous quarter in the fourth quarter (Q4) of the year, with an increase of 2.8 percent (ELSTAT) figures showed on Thursday.
Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
Greece’s seasonally adjusted (SA) GDP fell by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2018 after an upwards revised increase of 1 percent in the previous quarter, provisional estimates from ELSTAT revealed on Thursday.
Unemployment rate falls to 18 pct in Dec, lowest since July 2011
Greece’s seasonally adjusted (SA) unemployment rate continued its downward path in December and came to 18 percent after a slightly downward revised 18.3 percent in November, from 18.5 percent previously, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
The nominal value of apartments in Greece during the fourth quarter (Q4) of the year showed a rise of 2.5 percent year-on-year (YoY) Bank of Greece (BoG) data showed on Tuesday.
Eurosystem funding falls by 1.16 bln in Dec, banknotes increase for fifth month
Greek banks’ Eurosystem funding declined by 1.16 billion euros month-on-month (MoM) in December, the Bank of Greece's (BoG) final financial statement for 2018 has revealed.
PMI at 54.2 in Feb as new clients and overseas orders spur growth
Greece’s manufacturing PMI increased to 54.2 points in February from 53.7 points in January, staying over the 50-mark threshold for close to two years.
Retail turnover rises by 0.5 pct in Dec, with 2018 average increase at 2.1 pct
Greece’s retail sales index edged up by 0.5 percent in December following a downward revised increase of 3.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.