PMI remains in growth territory in Nov amid supply disruptions and inflation
Retail sales rise by 13 pct in Sep as fuel has notable impact
Employment balance turns negative by 70,048 in Oct as tourism season ends
Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
Credit growth stable at 0.9 pct in Oct, led by lending to corporates
Deposits growth slows to just 11 mln in Oct
Unemployment hit new high of 27.8 pct in October, set to rise further
Greece officially assumed the presidency of the European Union on Wednesday, with the highest unemployment rate in the 28-member bloc. According to the Hellenic Statistical Agency (ELSTAT), the seasonally adjusted jobless rate in October stood at 27.8 percent from an upwards revised 27.7 percent in the month of September. After the previous months’ revisions, the October rate now holds the new high.
There were 1.388 million jobless in October 2013, compared to 497,222 in October 2009 when the crisis in Greece began. After the revisions, September holds the highest figure of unemployed, reaching 1.389 million. Those with jobs fell from 3.62 million ...
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