Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
Trade deficit soars by 71.6 pct in H1, reaching 17.59 bln
Impact of uncertainty on economy starting to emerge in hard data
Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
Greece goes deeper into deflation territory
The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over the trailing twelve months remains negative at -0.4 percent.
Alcoholic, beverages and tobacco is the only sector exhibiting a consistently rise in prices at 3.5 percent. On the contrary, the growth in housing prices, which had risen 7.5 percent in September, turned to a negative 0.7 percent in October. Communicat...
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