Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance
Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
Vehicle sales record back-to-back annual drop of 2.7 pct in July
Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
End of freeze on layoffs coincides with worst ever hirings balance in Nov
Greece’s employment balance remained deep in the red in November with 79,129 more departures than hires, from negative 70,048 in October, according to data from the Labour Ministry’s Ergani information system.
The balance in November last year was negative by 29,933, suggesting a drop of 49,196 job postings year-on-year (YoY). However, due to pandemic, last year support initiatives jobs in certain sectors were protected from layoffs or subsidised by the state.
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