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Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 14.2 percent in July from 15 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
EconomyMacroeconomyThe number of building permits issued in Greece decelerated to an increase of 17.6 percent year-on-year (YOY) growth in June, from 62.9 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
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Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 7.8 percent year-on-year (YoY) in July, slowing down from the 8.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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CPI up by 1.9 pct in Aug for highest reading in almost a decade
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its rise in August, when it increased by 1.9 pct year-on-year (YoY) from 1.4 percent in July, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
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Recovery in car sales slows to 2.7 pct in August
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time increased by 2.7 percent year-on-year (YoY) in August, after a rise of 10.3 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Trade deficit widens by 28.9 pct in July due to higher oil prices
EconomyMacroeconomyGreece’s trade deficit increased by 28.9 percent year-on-year (YoY) in July according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday.
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GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP rose by 3.4 percent quarter-on-quarter (QoQ) in the second (Q2) quarter of the year, from a slightly upwards revised 4.5 percent in the first quarter (Q1) of 2021, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Tuesday.
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Retail turnover rises by 11.7 pct and volume by 10.8 pct in June
EconomyMacroeconomyGreece’s retail sales index rose by 11.7 percent in June following a revised increase of 14.8 percent in May, Hellenic Statistical Authority data showed on Tuesday.
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Industrial turnover rises by 22.4 pct in June
EconomyMacroeconomyGreece’s industrial turnover rose 22.4 percent from a year earlier in June, compared with a revised increase of 37.6 percent in May.
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Data for total revenues in Q2 reflects recovery from end of lockdown
EconomyMacroeconomyThe latest turnover data released by the Hellenic Statistical Authority (ELSTAT) reflects signs of recovery in the Greek economy as in the second quarter of the year total revenue reached 78.38 billion euros, up by 29.4 pct year-on-year (YoY).