Search
-
Industrial turnover posts 53.1 pct YoY growth in May, biggest rise during pandemic recovery
EconomyMacroeconomyGreece’s industrial turnover growth produced another impressive reading in May, jumping by 53.1..., the index posted growth of 18.2 percent in March 2021 and has been growing ever since. May’s figure.... In the domestic market, the rise in May was led by a 55.9 percent increase in manufacturing, and 38.7
10% -
Unemployment rate hovers at 12.5 pct in May, improves by 3 pps on last year
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed unchanged in May, dropping to 12.5.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased by 228,355 in May, with total employment staying above the four-million mark
10% -
Manufacturing grows in May, but at slowest pace in last four months
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion territory in May, although it fell marginally.... This is the fourth month that the conditions in the Greek manufacturing sector have improved, though May... in May, as the pace of growth eased to the slowest in the current four-month period of expansion, being
10% -
CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
EconomyMacroeconomyThe rise in Greece’s Consumer Price Index (CPI) remained broadly unchanged in May, growing by 2.8... months. In May 2022, the CPI was up by 11.3 percent YoY as the wave of inflation was in full swing... months prior to May 2021, when CPI posted a marginal increase of 0.1 percent. Prices have been pushing
10% -
Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped in May, landing at 10.8 percent, from... on Friday. In May last year, the unemployment rate was 12.7 percent. These are the lowest jobless rates.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people
10% -
May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion in May, though it slightly moderated to 54.9... month of growth in new sales, with growth in May similar to the previous month, though... led to higher input costs in May leading to the steepest rise in costs since December 2022. Despite
10% -
CPI slows to 2.4 pct in May as food price increases ease
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) slowed down in May with a rise of 2.4 percent..., from a rise of 0.5 percent in April. In May 2023, the CPI was up by 2.8 percent YoY. The price index was in deflation for the 12 months prior to May 2021, when the CPI posted a marginal increase of 0.1
10% -
Unemployment rate almost unchanged at 10.6 pct in May
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed virtually unchanged in May, landing... showed on Monday. In May last year, the unemployment rate was 11.2 percent. Despite stabilising.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed
10% -
Ongoing rise in imports and tame exports elevate trade deficit to 3.39 bln in May
EconomyMacroeconomyGreece’s trade deficit recorded a solid rise of 13.6 percent year-on-year (YoY) in May, after... billion euros for May. Imports totalled 7.55 billion euros, rising by almost 7 percent YoY. Exports totalled 4.16 billion euros. An increase of just 1.9 percent compared with May 2023. In May 2023
10% -
Receipts and arrivals rise in May, but spending per trip down by 12.2 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.65 billion euros in May, compared to 571.2 million euros in April, according to data released by the Bank of Greece (BoG) on Tuesday. May's balance was 2.7 percent higher than the 1.61 billion euros recorded in May 2023. In May 2022, the balance
10%