Macroeconomy
Current account deficit rises to almost 2 bln in Jan, highest since 2011
Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday.
Property prices rise again in Q4 2021, taking full-year increase to 7.1 pct
The rise in the nominal value of apartments in Greece accelerated to 9.1 percent year-on-year (YoY) in the last quarter of 2021, from an upwards revised 8.3 percent in the third quarter, Bank of Greece (BoG) data released on Tuesday showed.
Hirings turn positive, but with low balance, in Feb
Greece’s employment balance turned positive in February with 15,189 more hirings than departures, according to data from the Labour Ministry’s Ergani information system.
Industrial turnover soars by 35.5 pct YoY in Jan, powered by petroleum products
Greece’s industrial turnover remains in recovery mode, rising by 35.4 percent year-on-year (YoY) in January, after a 22.9 percent rise in December, according to data from the Hellenic Statistical Authority (ELSTAT) released on Monday.
Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
Greece’s central government recorded a primary cash surplus of 853 million euros in February, from a deficit of 891 million euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday.
Unemployment broadly unchanged at 13.2 pct in Q4
Movement in Greece’s non-seasonally adjusted unemployment rate paused in the final quarter of last year, staying broadly unchanged at 13.2 percent in Q4, from 13 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Car sales accelerate by 38.3 pct YoY in Feb, led by used vehicles
Road motor vehicles going into circulation for the first time increased by a notable 38.3 percent year-on-year (YoY) in February, after a drop of 8.7 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
Greece’s seasonally adjusted (SA) unemployment rate stayed unchanged at 12.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
The budget primary balance for the first two months of 2022 came to a surplus of 847 million euros, compared to a deficit of 1.5 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
Import price index shoots up by 31.8 pct as oil and natural gas soar by 25 pct MoM
Greece’s import price index shot up by 31.8 percent year-on-year (YoY) in January, from a rise of 23.6 percent seen in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.