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Unemployment remains at 12.8 pct in Feb, lowest since summer 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was broadly stable at 12.8 percent in February, from a slightly revised 12.9 percent in January, Hellenic Statistical Authority (ELSTAT) data.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Industrial turnover recovery continues at pace, with 33.8 pct rise in Feb
EconomyMacroeconomyGreece’s industrial turnover stayed on a solid recovery path in February, rising by 33.8 percent year-on-year (YoY), from an upwards revised 36 percent in January, according to data released... in sector expansion territory. The data points to a slip in growth, which is at its lowest for eleven months
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicsto Covid, which will take effect in May. Plevris said the latest data on vaccination and infections... of the government’s expert committee presented data which showed new Covid admissions have fallen by 37 pct
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Marginal growth for PMI in April as headwinds intensify
EconomyMacroeconomyGreece’s Manufacturing PMI rose marginally to 54.8 points in April, from 54.6 points in March, according to S&P Global data released on Tuesday. The data points to the second slowest rise in a year, however, still signalling solid improvement in the conditions in the Greek manufacturing sector
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Where is Odysseus? Part 2 - Uncertainty
Agorawith data through mid-2018.[1] The book presents a long-run baseline scenario for Greece to help make... of Finance, etc. and by analysist who are users of the data. In our assessment, Greece is not and is unlikely
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Industrial production rises by 7.9 pct in Mar, driven by electricity supply
EconomyMacroeconomy) data released on Tuesday. IPI has grown in 16 of the last 17 months, since November 2020. The most... in March, with the data pointing to the second slowest rise in a year. However, it still signals a solid
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Labour market on mend as March unemployment rate eases to 12.2 pct
EconomyMacroeconomy) data showed on Wednesday. In the same month last year, the unemployment rate was 16.8 percent.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise
EconomyMacroeconomyGreece’s industrial turnover growth remained strong in March, rising by 38.3 percent year-on-year (YoY), from a slightly upwards revised 34 percent in February, according to data released... in March. The data points to the second slowest rise in a year, however, still signalling solid
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OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Economy. According to the latest data monitored by the OECD in its Taxing Wages for 2022, Greece is one... people with no children. The data also captures the traditional narrow gap in Greece of the tax
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PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday. May PMI is the lowest in more than one year, but still indicates solid... across the sector, however, underlying data pointed towards less upbeat demand conditions. Price
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