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Productivity developments in the Greek public and private sector
Agoratends to be fairly stable. The growth rate in GVA and GDP are virtually identical over longer time... in this variable (productivity improves at a healthy rate, on average, due to good education, technological... suffered declining productivity performance from 2015 onward. The trend growth rate turned negative
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Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 16.3 percent in March from a revised... on Friday. The unemployment rate in March last year stood at 16.1 percent. This March, employment fell.... The unemployment rate among women rose by 1 percentage point (pps) year-on-year and came to 21.2 pct
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Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... 3.45 million. The unemployment rate among women dropped roughly 1 percentage point (pps) year
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Unemployment at 15 pct in June
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 15 percent in June from a revised... month of 2020, the unemployment rate was 17.8 percent. Year-on-year, the figure for those employed... by 89,872 people year-on-year (-2.7 percent) and now stands at 3.18 million. The unemployment rate among
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Stalled vaccination campaign emerges as biggest headache amid fourth wave warnings
PoliticsGreek Politicsof activities have failed to boost the rate of new vaccinations, intensifying concern about a potential new... by the end of summer. Wednesday saw 2,919 new cases, with a positivity rate of 1.32 pct. Although the positivity rate remains low on a national level, four more regions in northern Greece had local
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Manufacturing growing at steady pace despite supply chain, inflation issues
EconomyMacroeconomy. The rate of output growth in September was the second highest since April 2019, despite easing due... in new orders, with the rate of increase in new sales being the fastest in the 22 years that Markit... to soar at an unprecedented rate. Additional pressure on capacity also stemmed from unstable supply
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomyin the Greek manufacturing sector, broadly in line with the rate of growth seen in October, matching... of sector expansion has reached nine months and the expansion rate in the previous months was the third... activity. The supply constraints were intensified by transportation delays with the rate of cost
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Health service weakness highlighted as Covid deaths hit record high and research points to ICU disparity
PoliticsGreek Politicsmortality rate, which has been well above the EU average since the beginning of November, the government..., while 311 were treated outside of ICUs. The mortality rate for those who were not provided with intensive care was 88.4 pct, while for those who were brought into ICUs, the rate was 62.2 pct
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyon the recovery path it has been following since July 2013, when monthly unemployment rate peaked at 28 pct... on Wednesday and, for the time in more than a decade, the rate was under 13 pct, landing at 12.8 pct.... The latest available quarterly figure is up to Q3 2021, where the rate is seen at 13 pct, aligned
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Newsletter 335 - 15/04/2022
taxes were rising by a rate of 1 billion euros monthly. It was always a concern that households... quarter of the year and interest rate rises will follow. Greece had enjoyed the lowest borrowing... monthly unemployment rate was stable at 12.8 pct in March, from a slightly revised 12.9 pct in February
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