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Import prices fall sharply in May as energy drops by 40.5 pct
EconomyMacroeconomyThe contraction of Greece’s import price index picked up further pace in May, as it fell by 20.8 percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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Vehicle sales up 10.8 pct YoY in Jun, rising by 13.2 pct in H1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time accelerated further in June, rising by 9.2 percent year-on-year (YoY), from 5.6 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in May, rising by 1.4 percent year-on-year (YoY), from a slightly downwards revised 4.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
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Trade deficit widens in May as exports contract by 15.4 pct
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 11 percent year-on-year (YoY) in May, after a solid drop of 22.9 percent in April, according to data released by ELSTAT on Friday.
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CPI drops in Jun on back of lower energy costs, but food prices continue to climb
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) dropped below the ECB’s target of 2 pct in June, with a reading of 1.8 percent year-on-year (YoY), after growing by 2.8 percent in May, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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Producer Price Index contracts for third consecutive month, down 12.9 pct in May
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the third consecutive month in May, falling by 12.9 percent year-on-year (YoY), from a 13.3 percent contraction in April, ELSTAT data showed on Friday.
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Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
EconomyMacroeconomyGreece’s retail sales turned positive after the first negative reading since 2021, with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped in May, landing at 10.8 percent, from an upwards revised 11.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Building activity jumps by 34.2 pct in Mar, Q1 permits up 13.6 pct
EconomyMacroeconomyBuilding permits recorded a solid rebound in March, rising by 34.2 percent year-on-year (YoY), following a contraction of 15.2 percent in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday.
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Industrial turnover falls by 7.4 pct YoY in April for first drop since early 2021
EconomyMacroeconomyGreece’s industrial turnover turned negative in April for the first time since early 2021, contracting by 7.4 percent year-on-year (YoY), from upwards revised growth of 3.3 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.