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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomyquarters 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
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economydominates with close to 17 pct of the companies, followed by catering at 12 pct and wholesale at 9 pct
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Exports produce strong finish to 2024 but trade deficit up 8 pct to 34.61 bln
EconomyMacroeconomyGreece’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
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Industrial turnover index falls 8 pct in September, new orders also down
EconomyMacroeconomyThe 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
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Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
Society. This means that just 102,026 jobless Greeks, or 8 percent of the total unemployed, enjoy financial
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyΤhe 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
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Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
EconomyMacroeconomyThe 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
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomyGreece’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
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Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September
EconomyMacroeconomyGreek 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
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Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
EconomyMacroeconomyGreece’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
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