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CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomyThe 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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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
SocietyThe latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday.
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Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
EconomyMacroeconomyGreece’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.
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March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was marginally lower in March, edging down to 10.9 percent, after rising to 11.3 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Producer prices drop in Mar for the first time in over 2 years, led by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the first time since January 2021, turning negative by 10.9 percent year-on-year in March, from 4.7 percent in February, ELSTAT data showed on Friday.
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Retail index continues to rise in Mar, but food sales volume stagnant
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year, after a 10.6 percent increase in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Building activity starts 2023 with solid growth of 22 pct for permits
EconomyMacroeconomyBuilding permits started 2023 on a solid footing, thanks to a rise of 22.1 percent year-on-year (YoY) in January, after increasing by 16.1 percent in December, according to the data released by the Hellenic Statistical Agency (ELSAT) on Thursday.
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Disposable income rises by 10.9 pct in Q4
EconomyMacroeconomyHousehold disposable income increased by a solid 10.9 percent year-on-year (YoY) in the fourth quarter (Q4) of 2022, from a 10.2 percent rise in the third quarter (Q3), according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
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Industrial turnover growth slows to 6.7 pct in Feb
EconomyMacroeconomyGreece’s industrial turnover remained in growth territory in February, growing by 6.7 percent year-on-year (YY), from a 17.7 percent rise in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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Import prices turn negative in Feb for first time in two years
EconomyMacroeconomyGreece’s import price index went in contraction in February, dropping by 5.6 percent year-on-year (YoY), after a rise of just 0.4 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.