Macroeconomy
Car sales slowed in July as drop in new vehicle sales prompts 3.9% YoY fall
The number of vehicles going into circulation for the first time slowed in July, with a drop of 1.2 percent year-on-year (YoY), after an increase of 8.3 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
Industrial Production slows to 1.1% YoY in June as only manufacturing grows
Greece’s Industrial Production Index (IPI) slowed in June with a rise of 1.1 percent year-on-year (YoY), from 3.7 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
Trade deficit continues to drop, falling by 5% in H1
Greece’s trade deficit continued its sharp decline in June with an 18.1 percent year-on-year (YoY) drop, after a fall of 15.7 percent in May, according to data released by ELSTAT on Friday.
CPI slows to 3.4% YoY in July as energy effects moderate
Greece’s Consumer Price Index (CPI) growth further decelerated in July with a rise of 3.4 percent year-on-year (YoY), from 4.4 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
Manufacturing conditions continued to improve in July, despite cost pressures
Greece’s manufacturing PMI rose to 54.3 points in July, from 53.8 points in the previous month, S&P Global data showed on Wednesday.
Fuels propel 10.1% rise in retail sales for May despite volume drop
The growth of Greece’s retail sales accelerated with 10.1 percent year-on-year (YoY) rise in May, after an increase of 4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Producer price index slows to 8.8% YoY in June, as energy continues to have impact
Greece’s Producer Price Index (PPI) decelerated in June to 8.8 percent year-on-year (YoY), after a rise of 13.5 percent in the previous month, ELSTAT data showed on Thursday.
Economic sentiment moderates slightly in July, while consumer confidence rises
Greece’s economic sentiment (ESI) slightly moderated in July, with the index at 107.6 points, from 108.2 in the previous month, according to European Commission figures released on Thursday.
Unemployment rate stable at 8% in June
Greece’s seasonally adjusted (SA) unemployment rate was broadly stable in June at 8 percent, from a downward revised 7.8 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Building activity slows in April with 4.2% YoY rise
Building activity growth slowed significantly in April, with a rise of 4.2 percent year-on-year (YoY), after a jump of 22.3 percent in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.