Economy
CPI slows to 9.1 pct YoY as electricity and natural gas prices drop MoM
Greece’s Consumer Price Index (CPI) grew by 9.1 percent year-on-year (YoY) in October, slowing down from the jump of 12 percent in September, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT).
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
Alpha Bank reported a net profit of 335.4 million euros in 9M 2022, compared to a loss of 2.5 billion euros in the same period of 2021.
Sep trade deficit of 3.61 bln largest since 2010, 9M gap up by 62 pct
Greece’s trade deficit jumped in September by 70.4 percent year-on-year (YoY), after a rise of 29.9 percent in August, according to data released by ELSTAT on Monday.
Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
Greece’s seasonally adjusted (SA) unemployment rate remained broadly stable in September, dropping to 11.8 percent, from 12.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Manufacturing remains in contraction for Oct as business optimism falls to lowest since May 2020
Greece’s Manufacturing PMI resumed its slide in October, falling by 1.6 points to 48.1, from 49.7 points in September, according to S&P Global data released on Tuesday.
Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct
The growth in Greece’s retail sales picked up pace in August with a rise of 14.1 percent year-on-year (YoY), following a downwards revised 11.5 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts
Greece’s economic sentiment (ESI) reversed the latest rises and dropped below 100 points, to 98.3 in October, after a 3.7-point rise in September, according to European Commission figures released on Friday.
Growth in producer prices slows to 29.4 pct in Sep amid another monthly drop
The pace of Greece’s Producer Price Index (PPI) annual growth slowed down further in September, although it rose by 29.4 percent year-on-year (YoY) following a 39.5 percent increase in August, ELSTAT data said on Thursday.
Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
Building permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday.
Lending to corporations in Sep thrusts credit expansion to highest rise since 2009
Credit movement in the Greek private sector gathered more pace in September, rising by 6 percent year-on-year (YoY), from 5.8 percent in August, and 5.5 percent year-on-year in July, Bank of Greece (BoG) figures released on Wednesday showed.