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Building activity on the mend with 13.5 pct YoY rise in Oct
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Disposable income records modest 1.9 pct YoY rise in Q3, saving rate again negative
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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
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Industrial turnover posts modest 0.7 pct YoY rise in Nov, falls sharply MoM
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
Traditional sectors carry burden of job creation as unemployment levels fall
Having weathered the pandemic over the last two years, Greece’s labour market remains on the recovery path it has been following since July 2013, when monthly unemployment rate peaked at 28 pct and 1.36 million Greeks were out of employment.
ELSTAT released the latest monthly unemployment figure on Wednesday and, for the time in more than a decade, the rate was under 13 pct, landing at 12.8 pct in December. Meanwhile, the number of unemployed fell below the 600,000-threshold.
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