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ELSTAT
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EconomyMacroeconomy
Producer prices record back-to-back decline in Apr as energy falls by 24.4 pct YoY Greece’s Producer Price Index (PPI) contracted for the second consecutive month in April, falling by 13.3 percent year-on-year (YoY), from a 10.9 percent contraction in March, ELSTAT data showed on Tuesday.
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EconomyMacroeconomy
Building activity down 15.2 pct in Feb for sharpest drop since 2020 After a solid start for 2023, building permits recorded a contraction of 15.2 percent year-on-year (YoY) in February, after a rise of 22.1 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday.
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EconomyMacroeconomy
Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles Greece’s current deficit in March widened to 2.4 billion euros, from a deficit of 1.32 billion euros in February, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March Greece’s industrial turnover remained in growth territory in March, slowing down considerably to 1.5 percent year-on-year (YoY), February, from 6.7 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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EconomyMacroeconomy
Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct The contraction of Greece’s import price index accelerated in March, falling by 12.7 percent year-on-year (YoY), after dropping by 5.6 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
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EconomyMacroeconomy
Growth in car sales slows to 1.1 pct in April Road motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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EconomyMacroeconomy
Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline Greece’s Industrial Production Index (IPI) lost momentum in March as it decreased by 0.2 percent year-on-year, after it had picked up strength in February, rising by 5.2 percent according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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EconomyMacroeconomy
CPI moderates to 3 pct, but food inflation persists at 11.4 pct The rise in Greece’s Consumer Price Index (CPI) decelerated further in April, with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
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Society
Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound The latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday.
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EconomyMacroeconomy
Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct Greece’s trade deficit recorded a rise in March, after back-to-back annual drops, rising by a modest 1.3 percent, after falling by 32.3 percent by February, according to data released by ELSTAT on Monday.