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’s building activity remained in deep red for August
Greek building activity (measured by the number of building permits) dropped by 10.5 percent in August with the respective surface figure easing 21.1 percent, while volume retreated 31.0 percent, according to the Hellenic Statistical Authority (ELSTAT).
Moving to the aggregate figures, which strip out the apparent monthly volatility, it is clear that building activity remains in the deep red by any measure. In particular, the twelve-month trailing average indicates that building permits, surface and vo...
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