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Producer prices continue to slide, down by 4.3 pct YoY in Feb
EconomyMacroeconomyGreece’s Producer Price Index (PPI) completed a full year of contraction in February, dropping by 4.3 percent year-on-year (YoY), after falling by 7 percent in January, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative
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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomyGreece’s trade deficit recorded a sharp rise of 34 percent year-on-year (YoY) in January, after a rise of 2.7 percent in January, according to data released by ELSTAT on Friday. The deficit came to 3.03 billion euros for February. Imports totalled almost 7 billion euros, rising by 3.7 percent YoY
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Retail sales and volumes show worrying signs, turnover down 3.8 pct in Feb
EconomyMacroeconomypoints, from -44.7 points in the previous month. Consumer confidence is roughly 7 points lower
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Mitsotakis uses justice reform as election rallying cry in aftermath of Mati verdict
PoliticsGreek Politicsof the crimes are believed to be linked to “Gate 7”, the ultras of Olympiacos FC. Commenting
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Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in March, after a sharp rise of 34 percent year-on-year (YoY) in February, according to data released by ELSTAT on Friday. The deficit came to 2.41 billion euros for March. Imports totalled 6.69 billion euros, dropping by 10.1
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Seasonal jobs for chefs, waiters and cleaners propel April hiring balance to highest on record
EconomyMacroeconomy-time work came to 63.6 percent. Part-time and shift work made up 29.4 percent and 7 percent of hirings
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politicswas to win 8 seats rather than 7. In his latest speech, he upped the ante to 9 seats, stressing
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Unemployment rate unchanged at 10.8 pct in Apr
EconomyMacroeconomyunchanged year-on-year at 8.7 percent. Youth unemployment dropped by almost 7 pps year-on-year to 22.6
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PM eyes broader mortgage subsidies, Kasselakis responds to personal wealth questions
PoliticsGreek Politicsfor Kyriakos Velopoulos, the Greek Solution leader, and 7 pct for Nikos Androulakis of PASOK
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Imports soar in April, pushing trade deficit up by 35.6 pct
EconomyMacroeconomyGreece’s trade deficit recorded a jump of 35.6 percent year-on-year (YoY) in April, after a drop of 7 percent in March, according to data released by ELSTAT on Friday. The deficit came to 3.01 billion euros for April. Imports totalled 7.48 billion euros, rising by almost 20 percent YoY. Exports
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