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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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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
Unemployment rate slips to 25.6 pct in April, lowest since July 2012
Following an upward revision of Greece’s seasonally adjusted (SA) unemployment rate to 25.8 percent in March, the jobless rate eased to 25.6 percent in April, according to the Hellenic Statistical Agency (ELSTAT). Along August 2012 reading, the April headline figure indicates the lowest reading since July 2012.
On a non-seasonally-adjusted (NSA) basis the unemployment rate fell by more than 2 percentage points (pp) to 25.5 percent in April, from 27.4 percent in March, to its lowest level since October 2014.
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