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Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped in May, landing at 10.8 percent, from an upwards revised 11.3 percent in April, Hellenic Statistical Authority (ELSTAT) data showed... percent, while the rate in the 25-74 years bracket was 10.1 percent. The latest available data from
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Newsletter 387 - 30/06/2023
and could quickly prove out of touch. There are encouraging signs in the data, with economic sentiment... impacted. Data on deposits and credit expansion also indicate that the cost-of-living has halted
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Trade deficit widens in May as exports contract by 15.4 pct
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 11 percent year-on-year (YoY) in May, after a solid drop of 22.9 percent in April, according to data released by ELSTAT on Friday. The deficit came to 2.94..., to 2.32 billion euros. The data for the first five months of 2023 showed that the trade deficit
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Reflecting base effects, foreign market and manufacturing drive industrial turnover down sharply in May
EconomyMacroeconomyGreece’s industrial turnover went deeper into negative territory in May, contracting by 13.6 percent year-on-year (YoY), from an upwards revised drop of 7.6 percent in April, according to data... Global data released on Monday. This is the fifth month that the conditions in the Greek manufacturing
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Newsletter 390 - 21/07/2023
coverage drawing attention to data from the Independent Authority for Public Revenue (IAPR... their life standards and expenses, putting together all the data at the disposal of the authorities. Although
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Government tries to deflect criticism over wildfires with appeal to patriotism
PoliticsGreek Politicson the parliamentary record a letter he received from the Data Protection Authority confirming that there had been... by the Data Protection Authority. According to the report, the authority identified 92 targets
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Unemployment rate hits 11.1 pct in June as recovery loses steam
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate landed at 11.1 percent in June, from an upwards revised 11.3 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday..., while the rate in the 25-74 years bracket was 10.5 percent. The latest available data from the Labour
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Trade deficit narrows by 14.9 pct in June despite sharp exports drop
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 14.9 percent year-on-year (YoY) in June, after a drop of 11 percent in May, according to data released by ELSTAT on Monday. The deficit came to 2.6 billion..., to 2.21 billion euros. The data for the first half of 2023 showed that the trade deficit decreased
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Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY
EconomyMacroeconomyGreece’s industrial turnover went further into contraction in June, dropping by 17.2 percent year-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic... to S&P Global data released on Tuesday. This was the sixth straight month that the conditions
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Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
EconomyMacroeconomy(ELSTAT) data showed on Thursday. In July last year, the unemployment rate was 12.5 percent.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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