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Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 13 percent in September, from 13.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturesAlthough the Greek authorities did not underestimate the wave of price hikes that started swelling in the summer, it is becoming evident in official data releases that inflation will be far-reaching and most likely will last for longer than the government had hoped or planned for.
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Building activity recovery continues in Aug, up by 29 pct in 2021
EconomyMacroeconomyThe number of building permits issued in Greece picked up again in August, rising by 12.7 percent year-on-year (YoY), from an increase of 6.8 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Manufacturing and electricity supply help keep industrial production buoyant in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 9.7 percent year-on-year (YoY) in September, from a downward revised 10 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Oct CPI at highest since May 2011, led by natural gas, oil and electricity
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its climb in October, rising by 3.4 percent year-on-year (YoY), from 2.2 percent in September, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday.
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Trade deficit widens by 27.8 pct to 2.11 bln, led by oil products
EconomyMacroeconomyGreece’s trade deficit increased by 27.8 percent year-on-year (YoY) in September, from 43.3 percent in August, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
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Retail sales grow for fifth month in a row but rate eases to 8.8 pct
EconomyMacroeconomyGrowth in Greece’s retail sales slowed down in August, rising by 8.8 percent year-on-year (YoY), from a slightly downward revised 13.1 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Disposable income rises by 7 pct in Q2 as economy recovers, savings still positive
EconomyMacroeconomyHousehold disposable income increased by 7 percent year-on-year in the second quarter (Q2), from 5.1 percent in the first quarter (Q1) of 2021, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
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Industrial turnover jumps 31.6 pct in Aug as strong recovery is boosted by business abroad
EconomyMacroeconomyGreece’s industrial turnover continued its impressive recovery, jumping by 31.6 percent year-on-year (YoY) in August, following an increase of 25.1 percent in July, based on data from the Hellenic Statistical Authority released on Wednesday.
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Unemployment falls below 14 pct for first time since Oct 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 13.9 percent in August, from a downward revised 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.