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  1. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    The Bank of Greece’s (BoG) released statistics for the second quarter (Q2) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts to further enhance the informati...

    4%

  2. Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct

    EconomyMacroeconomy

    Greek household disposable income fell by 11.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, worsening from the decline of 0.4 percent noted in Q1 2020, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The a...

    4%

  3. PMI edges down to 48.7 points in October as output declines at fastest rate since May
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data from Markit. According to Markit, readings over 50 and above indicate overall improvement, meaning that the latest figure signals an o...

    4%

  4. CPI down by 1.6% in March, marking 12-month continuous drop

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop of 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. This completes yet anothe...

    4%

  5. CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 0.3 percent year-on-year (YoY) in April compared to a decline of 1.6 percent seen in March, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell b...

    4%

  6. Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 16.3 percent in March from a revised 16.6 percent in February, according to Hellenic Statistical Authority’s (ELSTAT) data released on Friday. The unemployment rate in March last year stood ...

    4%

  7. Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
    Photo via https://flic.kr/p/vtC3Ur

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 14.2 percent in July from 15 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the lowest the figure has been since November 2010. In the same month ...

    4%

  8. Greek bond yields edge up as PEPP winds down
    Photo by MacroPolis

    Economy

    The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely. This was always a largel...

    4%

  9. Wages index down by 1.9 pct in Q1, records back-to-back annual drops
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index stayed in negative territory in the first quarter of 2022, dropping by 1.9 percent year-on-year (YoY), after a revised drop of 1.5 percent in the last quarter of 2021, Hellenic Statistical Authority (ELSTAT)...

    4%

  10. Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2.7 points in June to 51.1 points, according to S&P Global data released on Friday. June’s PMI captured only a marginal improvement in the operating conditions of the Greek manufacturing sector and the slowest in th...

    4%