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Govt ploughs on with reform bills as politicians' wealth declarations draw attention
PoliticsGreek Politicsreported on Thursday that the industry had a good July with data showing that all 10,000 hotels... is paying attention. Beyond that, the data related to the PM and several members of the government causes
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomyGreece’s manufacturing PMI stood at 57.4 points in July, from 58.6 points in June, signalling the ongoing improvement in market conditions in Greece, Markit data showed on Monday The rates of growth in output and new sales remain near historic highs, Markit notes. The latest data is the third
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Industrial production up 8.8 pct in June, continues annual recovery from 2020 lows
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 8.8 percent year-on-year (YoY) in June, from a 14.1 percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday... notes. The latest data is the third largest in over 21 years, although the headline figure reached
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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 15.8 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same... for men stood at 11.8 percent, equal to a drop of 3.8 pps year-on-year. The latest available data
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Stock taking: Where is the Greek economy now?
Agoraat a maintained higher participation rate as in the past, then the data suggest to us that the underlying... growth). The data are sobering: since the early 2000s, productivity growth has averaged precisely zero
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Manufacturing PMI up to 59.3 pts amid ongoing concerns over supplier delays, input prices
EconomyMacroeconomyGreece’s manufacturing PMI rose to 59.3 points in August, from 57.4 points in July, signalling the marked improvement in the Greek manufacturing sector, Markit data showed on Wednesday. Markit notes... of pre- and post-production inventories. “August data signalled another uptick in the health of the Greek
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Rise of property prices continues with 4.6 pct increase in Q2
EconomyMacroeconomyto Bank of Greece (BoG) data released on Thursday. On average, house prices increased by 4.6 percent... percent. Other indicators In other relevant data, there was a negative flow of 139 million euros
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicsthat following the latest GDP data, the government now expects the economy to grow by 5.9 pct rather than...; scrapping inheritance tax; and 50 gigabytes of free mobile data for any 15 to 17-year-olds who get
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Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
EconomyMacroeconomyGreece’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 latest available data from the Labour Ministry’s Ergani database for July showed the employment
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Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
EconomyMacroeconomy. ELSTAT noted that the collection of data remains affected by pandemic measures to contain the spread... the high seasonality as the data is not seasonally adjusted. The number of economically inactive, i.e.
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