Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
Close of 2022 sees softer labour market, with 60,235 fewer jobs
Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates
Loans grow by 6.3 pct in Dec, highest since 2009
Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
Greek household disposable income fell by 3.1 billion euros or 9.3 percent year on year (yoy) in the second quarter of 2013 and reached 30.1 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop of -7.4 percent.
The ongoing downward trend mainly reflects a decrease in the compensation of employees by 13.9 percent and social benefits by 12.4 percent over the same period.
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