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  1. Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover remained in contraction in September, dropping by 5.1 percent year-on-year (YoY), from a 6.4 percent decrease in August, according to data released by the Hellenic... by a fraction to 50.8 points, from 50.3 points in September, according to S&P Global data released

    2%

  2. Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Authority (ELSTAT) data showed on Thursday. In October last year, the unemployment rate was 11.8... the rate in the 25-74 years bracket was 8.7 percent. The latest available data from the Labour

    2%

  3. Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
    Photo via https://flic.kr/p/wkYEUW

    EconomyMacroeconomy

    Greece’s Manufacturing PMI was essentially unchanged in November, remaining in expansion territory and rising by a fraction to 50.9 points, from 50.8 points in October, according to S&P Global data.... S&P notes that the survey data point to another solid increase in production volumes as companies try

    2%

  4. Trade deficit narrows by 32 pct in Oct, but exports contract
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 32 percent year-on-year (YoY) in October, after a decline of 25.9 percent in September, according to data released by ELSTAT on Friday. The deficit came... by a marginal 0.2 percent YoY in October, to 2.3 billion euros. The data for the ten months of 2023

    2%

  5. Led by manufacturing and electricity, Industrial Production rises by 10.5 pct YoY in Oct

    EconomyMacroeconomy

    (ELSTAT) data released on Friday. The index had been growing in the first five months of 2023... and rising by a fraction to 50.9 points, from 50.8 points in October, according to S&P Global data

    2%

  6. How Greece reduced its unemployment rate to less than 10 pct
    Image: MacroPolis

    Agora

    employment data from the quarterly labour force survey, which is more granular, to track this path... workers in Q3 2008. Based on the latest available quarterly data for Q2 2023, since the 2023 low

    2%

  7. Unemployment rate stays below 10 pct in Nov as inactive numbers rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Authority (ELSTAT) data showed on Thursday. In November last year, the unemployment rate was 11.9... bracket was 8.4 percent. The latest available data from the Labour Ministry’s Ergani database showed

    2%

  8. Trade deficit narrows further in Nov, at 28.46 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 28.6 percent year-on-year (YoY) in November, after a decline of 32 percent in October, according to data released by ELSTAT on Tuesday. The deficit came... by 8.6 percent YoY in November, to 2.18 billion euros. The data for the eleven months of 2023 showed

    2%

  9. Growth in industrial production slows to 3.1 pct YoY in Nov, contracts MoM

    EconomyMacroeconomy

    Authority (ELSTAT) data released on Wednesday. The index had been growing in the first five months..., according to S&P Global data. The conditions in the Greek manufacturing sector have been improving

    2%

  10. Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in December, landing at 9.2 percent, from 9.4 percent in November, Hellenic Statistical Authority (ELSTAT) data showed.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment balance

    2%