Macroeconomy
Retail index continues to rise in Mar, but food sales volume stagnant
The growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year, after a 10.6 percent increase in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Hotel and restaurant jobs boost hirings balance in March
Greece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system.
Building activity starts 2023 with solid growth of 22 pct for permits
Building permits started 2023 on a solid footing, thanks to a rise of 22.1 percent year-on-year (YoY) in January, after increasing by 16.1 percent in December, according to the data released by the Hellenic Statistical Agency (ELSAT) on Thursday.
Economic sentiment improves by almost 2 pts in Apr, consumer confidence dips
Greece’s economic sentiment (ESI) recorded an improvement in April, rising by 1.8 points to 108.8, after falling by 0.9 points in March, according to European Commission figures released on Thursday.
Data for 2022 confirms tourism's full recovery, with nearly 30 mln visitors
The Bank of Greece released on Tuesday the summary travel data for 2022, re-affirming that last year came close to recovering all losses suffered from the pandemic with travel receipts reaching 17.68 billion euros, just half a billion short of the 18.18 billion euros earned in 2019.
Disposable income rises by 10.9 pct in Q4
Household disposable income increased by a solid 10.9 percent year-on-year (YoY) in the fourth quarter (Q4) of 2022, from a 10.2 percent rise in the third quarter (Q3), according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
The budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared to a deficit of 1.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
Boost for travel balance as arrivals rise by 83.5 pct in first two months of 2023
Greece’s travel balance recorded a surplus of 106.8 million euros in February, from 26.3 million euros in January, according to Bank of Greece (BoG) data released on Friday.
Latest 2022 fiscal data a boost as profit transfers and growth lead to small surplus
The Greek authorities were handed a welcome boost on Friday as ELSTAT announced the latest fiscal data for 2022, in the context of the first Excessive Deficit Procedure (EDP) notification of 2023, where a small primary surplus was recorded.
Industrial turnover growth slows to 6.7 pct in Feb
Greece’s industrial turnover remained in growth territory in February, growing by 6.7 percent year-on-year (YY), from a 17.7 percent rise in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.