Macroeconomy
Vehicle sales up 20.7 pct in Nov, boosted by jump in purchases of used cars
Road motor vehicles going into circulation for the first time rose by 20.7 percent year-on-year in November, doubling from the 10.4 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
Unemployment rate broadly stable at 13.3 pct in Oct
Greece’s seasonally adjusted (SA) unemployment rate stayed broadly stable in October at 13.3 percent, from 13 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Building activity up by 11.2 pct in Sep as steady rise continues
The number of building permits issued in Greece continued its rise in September, increasing by 11.2 percent year-on-year to 1,982, after a rise of 12.7 percent seen in August, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Industrial production marks full year of recovery with 16.5 pct rise in Oct
Greece’s Industrial Production Index (IPI) jumped by 16.5 percent year-on-year in October, from an upwards revised rise of 9.9 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Nov CPI shoots up by 4.8 pct amid big rises in energy prices
Greece’s Consumer Price Index (CPI) rose sharply in November, climbing by 4.8 percent year-on-year (YoY), from 3.4 percent in October, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
Trade deficit shoots up by 52.8 pct in Oct as imports exceed pre-pandemic levels
Greece’s trade deficit jumped by 52.8 percent year-on-year (YoY) in October, from an increase of 27.8 percent in September and 43.3 percent in August, according to data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday.
Greece takes next steps, including bond swap, to enhance debt profile over coming years
This week started with two developments that intend to further smooth out Greece’s debt obligations in the coming years.
GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
Greece’s seasonally adjusted (SA) GDP increased by 2.7 pct quarter-on-quarter in the third quarter of the year (Q3), from a downwards revised 2.1 pct in the second quarter (Q2) provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
PMI remains in growth territory in Nov amid supply disruptions and inflation
Greece’s manufacturing PMI stayed broadly stable in November, edging down to 58.8, from 58.9 points in October, Markit data released on Wednesday showed.
Retail sales rise by 13 pct in Sep as fuel has notable impact
Greece’s retail sales picked up pace again in September, rising by 13 percent year-on-year (YoY) from a downward revised increase of 7.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.