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Energy continues to drive import price drop as June records 4.7 pct YoY fall
EconomyMacroeconomyGreece’s import price index remained in contraction in June, with a drop of 4.7 percent year..., from a drop of 0.7 percent in the previous month. The index’s 12-month rolling movement was negative... YoY, intermediate goods dropped by 0.8 percent, capital goods marginally up by 0.2 percent
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Drop of 4.1 pct YoY for car sales at start of 2026
EconomyMacroeconomycars had a drop of 2 percent. Lorry sales were up by 2 percent in January, and buses dropped by 28.8 percent. For the full year 2025, road motor cars rose by 5.9 percent annually. Passenger cars were up... percent annually. Car sales in January came to 20,874 compared to 21,762 in 2025, a drop of 4.1 percent
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyattributed to soaring international tourist arrivals (up 56.2 percent) to 509,200. However, this strong volume was to a large extent offset by a marked drop in travel spending per trip by 24.8 percent to 294 euros. Arrivals from France posted the highest rise (up 86 percent) followed by the UK (+54
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Energy drives drop of 2.1 pct YoY in producer prices at close of 2025
EconomyMacroeconomyGreece’s Producer Price Index (PPI) closed last year with a drop of 2.1 percent year-on-year (YoY... was up down by 1.7 percent, from a rise of 1.8 percent in the previous month. Over the rolling 12-month... metals up by 1 percent. Goods sold to the foreign market were down by 5.8 percent YoY, led
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Apartment prices up by 2.5 pct in Q3 as recovery trend continues
EconomyMacroeconomycompared to a rise of 1.2 percent in Q2. Properties up to five years old saw price increases of 2.9... of Greece. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. Apartment prices have been declining since the first
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomyand shipping receipts, and a drop in domestic demand and imports. The report highlights that a viable growth model requires the Greek economy to become export-oriented. In contrast to Greece, the PBO notes... in the payments of arrears to the private sector and the creation of new arrears could end up with a stock
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomylower than last year. This corresponds to a drop in revenues of more than 7.8 percent in Q4 compared... in employment and improvement in the economic climate. If those figures end up in line with the macro.... Meanwhile, the productive model should focus on attracting investment and shift towards internationally
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyand 2016, university graduates saw a significant drop in employment in the public sector, while... production model can not be built,” the report states. It identifies several challenges that need... given the structure of the Greek education system which, up until now, has proven to be stubbornly
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Economic sentiment partially recovers to 101.4 in Nov, consumer confidence also up
EconomyMacroeconomy, climbing back above 100-points, after a 6.6-point drop in October, according to European... the previous month. The euro area’s ESI was 93.7 points, also up by 1 point from October. The recovery in Greece’s consumer confidence following the sharp pandemic drop stalled in May 2021 and the series has
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CPI rise eases to 1.6 pct in Sep, but food up by 9.4 pct
EconomyMacroeconomyincreased by 1.8 pct, from a drop of 1.1 percent in August. In September 2022, the CPI was up by 12 pct YoY..., the HICP was up by 1.9 pct. In September, the annual CPI movement was led by a 9.4 pct increase... reversed the recent price drops, rising by 3 pct. These were partially offset by a sizable drop of 15
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