Macroeconomy
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.
In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
Greece’s Industrial Production Index (IPI) recorded its first contraction in months, dropping by 0.2 percent year-on-year in January following an upwards revised 8.4 rise in December, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
As imports soar, Jan trade deficit jumps by 98.7 pct; worst since Mar 2010
Greece’s trade deficit continued its upward trajectory in January, nearly doubling year-on-year by 98.7 percent, from a jump of 79 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
Greece’s Consumer Price Index (CPI) accelerated further in February, rising by 7.2 percent year-on-year (YoY), after an increase of 6.2 percent in January, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.