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  1. GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarters of the year that economy has grown by just short of 9 pct. In Q3 of 2020, GDP had dropped by 11... in the final budget for 2022, the economy is seen growing by 6.9 percent this year after contracting by 9

    41%
  2. Labour database shows 8 in 10 workers earn less than 1,200 per month
    Photo by MacroPolis

    Economy

    dominates with close to 17 pct of the companies, followed by catering at 12 pct and wholesale at 9 pct

    39%
  3. Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 9 percent year-on-year (YoY) at the close of 2024, after a rise of 18.7 percent in November, according to data released by ELSTAT on Friday. The deficit came to 3.109 billion euros for December. Imports totalled 7.13 billion euros, falling by 0.2 percent YoY

    39%
  4. Industrial turnover index falls 8 pct in September, new orders also down

    EconomyMacroeconomy

    The Turnover Index in Industry dropped 8 percent in September, while New Orders Index in Industry also fell by 0.9 percent, according to the Hellenic Statistical Authority (ELSTAT). September performance resumed a negative trend in both indices after a positive move posted in the preceding two

    39%
  5. Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
    Photo by Harry van Versendaal

    Society

    . This means that just 102,026 jobless Greeks, or 8 percent of the total unemployed, enjoy financial

    39%
  6. Greek building activity drops by another 8 pct in July

    EconomyMacroeconomy

    Τhe number of building permits issued in Greece continued heading south for the second successive month in July, dropping by 8 percent according to the Hellenic Statistical Authority (ELSTAT). The respective surface and volume figures exhibited a sharper decline slightly above 30 percent

    39%
  7. Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services dropped by 8 percent year on year (YoY) in the fourth quarter (Q4) of 2015 from a revised rise by 5.2 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures displayed on Wednesday. ELSTAT revised the indices for the last four quarters

    39%
  8. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index accelerated its decline in May, falling by 8 percent year on year from a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday. The volume index recorded a drop of 6.4 percent compared to the same period last year, from 2 percent

    39%
  9. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday. The headline figure for September indicates a new record low since Greece’s euro accession

    39%
  10. Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wages index captures employees’ gross earnings

    39%