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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
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Manufacturing PMI improves slightly in June, cost and export challenges persist
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Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
Import prices fall sharply in May as energy drops by 40.5 pct
The contraction of Greece’s import price index picked up further pace in May, as it fell by 20.8 percent year-on-year (YoY), after dropping by 17.5 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
This is the fourth negative reading on the bounce. February was the first negative print since January 2021, when the index had dropped by 4.8 pct. After that, the index expanded until January this year.
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