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Unemployment rate edges up to 9.8 pct in Oct
EconomyMacroeconomyAuthority (ELSTAT) data showed on Friday. In October last year, the unemployment rate was 10.8 percent.... The latest available data from the Labour Ministry’s Ergani database showed that Greece’s employment
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Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months
EconomyMacroeconomyGreece’s retail sales resumed growth in September with a rise of 1.7 percent year-on-year (YoY), after a drop of 1.7 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday... in volume data dissipated, with fuels up by 4.9 percent, a 0.4 percent rise in foods and non-food
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Newsletter 444 - 06/12/2024
EU related wage data in terms of purchasing power. PASOK, which recently became the main opposition... modest impact on the labour market, falling short of the desired outcome. Labour data shows that wages
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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP decelerated significantly in Q3, rising by 0.3 percent quarter-on-quarter (QoQ), from a 1.2 percent increase in Q2, provisional data from the Hellenic... and by 0.4 percent QoQ. The data during the first nine of the year indicate annual growth of 2.3 percent
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Trade deficit rises by 11.5 pct YoY in Oct, 10M deficit at 28.32 bln
EconomyMacroeconomyGreece’s trade deficit rose sharply by 11.5 percent year-on-year (YoY) in October, after a rise of 12.9 percent in September, according to data released by ELSTAT on Friday. The deficit came to 3.16... rose sharply by 22 percent YoY in October, to 2.73 billion euros. The data for the ten months
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Bank tax proposal spearheads PASOK attack on government's economic policy
Economyis tightly linked with Greece’s poor showing in all EU related wage data in terms of purchasing power... of the desired outcome. Labour data shows that wages in Greece have only improved at the lower end due
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Industrial production records second drop of year with 2.9 pct YoY decline in Oct
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Tuesday. This is the second negative reading for the year... points in October, according to S&P Global data. The conditions in the Greek manufacturing sector have
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Industrial turnover resumes growth in Oct with 0.9 pct YoY, manufacturing leads way
EconomyMacroeconomyGreece’s industrial turnover went back to growth in October, rising by 0.9 percent year-on-year (YoY), from a 6.9 percent decrease in September, according to data released by the Hellenic Statistical..., from 51.2 points in October, according to S&P Global data. The conditions in the Greek manufacturing
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomyGreece’s retail sales resumed contraction in October with a drop of 0.6 percent year-on-year (YoY), after an increase of 1.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed... in volume data dissipated, although they still capture some signs of the impact of prices
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Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
EconomyMacroeconomyAuthority (ELSTAT) data showed on Friday. In November last year, the unemployment rate was 10.8 percent... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance had
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