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  1. Travel balance of 14.13 bln to Sep beats 2019 record
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion-euro surplus in August, according to Bank of Greece (BoG) data released on Tuesday. September’s... payments rose by 42.8 percent to 185.9 million euros. All the data reflects the low base effect of last

    2%

  2. Manufacturers facing headwinds as Nov PMI in contraction for fifth straight month
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    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained relatively unchanged in November, rising by 0.3 points from October to 48.4 points, according to S&P Global data released on Thursday. November’s PMI is the fifth... further challenging demand conditions in November, with data so far in the final quarter of 2022

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  3. Unemployment drops to 11.6 pct in Oct, lowest since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) data showed on Thursday. In October last year, the unemployment rate was 13.3 percent. The third... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance went

    2%

  4. Loans managed by servicers stabilise near 87 bln in Q3 as securitisations conclude

    EconomyMacroeconomy

    The universe of loans managed by Credit Servicing Firms (CSF) has stabilised since Q1 this year and in Q3 it stood at 86.8 billion euros, according to data released by the Bank of Greece (BoG... and has dropped by 900 million since. The data showed that most loans continued to be to individuals

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  5. Industrial turnover grows 23.7 pct YoY in Oct, but drops by 2.6 pct MoM

    EconomyMacroeconomy

    Greece’s industrial turnover remained on a solid footing in October, rising by 25.4 percent year-on-year (YoY) after a 23.7 percent in September, according to data released by the Hellenic... October to 48.4 points, according to S&P Global data. November’s PMI is the fifth consecutive decline

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  6. Unemployment unchanged at 11.4 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Authority (ELSTAT) data showed on Tuesday. In November last year, the unemployment rate was 13.1 percent..., while the rate in the 25-74 years bracket was 10.3 percent. The latest available data from

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  7. Growth of industrial turnover slows in Nov, drops by 1.4 pct MoM
    Image via www.http://www.cenergyholdings.com

    EconomyMacroeconomy

    Greece’s industrial turnover stayed strong in November, rising by 18.2 percent year-on-year (YoY), after a slightly downwards revised 25.1 percent in October, according to data released..., from 48.4 points in November, according to S&P Global data. December’s PMI marks half a year

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  8. Newsletter 367 - 27/01/2023

    Newsletters

    Androulakis.EconomyInflation drove tax revenue overperformance in 2022The final budget execution data... with the inflation wave, it is evident in the data that Greeks did most of the heavy fiscal lifting

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  9. Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct

    EconomyMacroeconomy

    Greece’s Manufacturing PMI remained in contraction at the start of 2023 at 49.2 points, eased off though from the 47.2 points of December, according to S&P Global data released on Wednesday. December... last September. S&P says that the latest data point to signs of stabilisation of production for Greek

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  10. Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained stable in December at 11.6 percent, unchanged from November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In December... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance moved

    2%