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Fuel drives sharp YoY rise of 25.3 pct in Mar trade deficit
EconomyMacroeconomyGreece’s trade deficit rose significantly by 25.3 percent year-on-year (YoY) in March, after a sharp drop of 18.3 percent in February, according to data released by ELSTAT on Thursday. The deficit... percent YoY in March, to 2.28 billion euros. The data for the first quarter of 2025 showed
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Industrial Production contracts 1.7 pct YoY in Mar as all components drop
EconomyMacroeconomy, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has been in annual... Global data released on Friday. The manufacturing sector showed a solid improvement in operating
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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomyGreece’s industrial turnover dropped sharply in March, with a decline of 5.1 percent year-on-year (YoY), from a marginal 0.3 percent decrease in February, according to data released by the Hellenic... points in the previous month, according to S&P Global data The manufacturing sector showed a solid
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Unemployment hits 8.3 pct in Apr for newest low since 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.3 percent in April, from 8.6 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In April... in the 25-74 years bracket was 7.7 percent. The latest available data from the Labour Ministry’s
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Affected by drop in fuel sales, rise in retail figures moderates to 1.2 pct YoY
EconomyMacroeconomyGreece’s retail sales slowed significantly with a rise of 1.2 percent year-on-year (YoY) in March, after growth of 6.3 percent in February, Hellenic Statistical Authority (ELSTAT) data showed... of 5.1 percent. The extreme inflationary effects that had been reflected in volume data dissipated
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Electricity drives drop of 4.3 pct YoY in Apr industrial production
EconomyMacroeconomyAuthority (ELSTAT) data released on Monday. This is the first negative reading since October 2024... points, according to S&P Global data. The manufacturing sector continued to expand in May, extending
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Union report sums up grim state of wages, policy shortcomings
EconomyMacroeconomyThe latest annual report by Greece’s largest union, GSEE, captures the grim picture regarding wages in Greece and the spending power of workers. The data highlights the government’s shortcomings... of data presented by GSEE finds Greece in a usual, and unwanted, spot of competing with Bulgaria
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Newsletter 467 - 20/06/2025
. Greece is still struggling to fully tame inflation and the latest data for May sees the national... fuels and electricity prices. According to ELSTAT data for CPI in May, electricity jumped year-on-year
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Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
EconomyMacroeconomyGreece’s industrial turnover accelerated its sharp decline in April, with a drop of 9.1 percent year-on-year (YoY), from a 5.1 percent decrease in March, according to data released by the Hellenic... in the previous month, according to S&P Global data The manufacturing sector showed a solid improvement
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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomyinflation and the latest data for May sees the national CPI at 2.5 pct and Eurostat’s HICP was at 3.3... to ELSTAT data for CPI in May, electricity jumped year-on-year by 18 pct, while natural gas was up by over
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