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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
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Unemployment rate down to 7.5 pct in Dec, lowest since Nov 2008
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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
Dependency on tourism highlighted by negative hiring balance of 82,463 in Nov
Greece’s employment balance stayed negative in November, with 82,463 more departures than hires, according to data from the Labour Ministry’s Ergani information system.
The hiring balance in November last year saw 83,627 more departures, suggesting a year-on-year improvement of 1,164 jobs.
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