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  1. Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s retail sales saw a further drop in pace in October, rising by 8 percent year-on-year (YoY), from a 10.2 percent growth in September, Hellenic Statistical Authority (ELSTAT... that inflate turnover. Retail sales have been growing continuously since April last year when they jumped

    1%

  2. Back-to-back gains for economic sentiment, ending 2022 with 104.3 pts
    Image via www.deloitte.com/gr

    EconomyMacroeconomy

    Commission figures released on Friday. By the start of the year, economic sentiment had fully... was one of the sharpest drops this year. The indicator is now at levels seen in summer 2017 and on a rolling 12-month level is down by circa 7.5 points from the -40.5 of January last year

    1%

  3. Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    to a deficit of 10.33 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The full year outperformance came to 1.83.... The budget balance during the full year showed a deficit of 11.68 billion euros, from

    1%

  4. Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    unchanged at -47.9 points, having now recovered from the -57.9 of October last year, which was one of the sharpest drops last year. The indicator is now at levels seen in summer 2017 and on a rolling 12-month level is down by 9 points from the -38.9 of February last year. The Employment Expectations

    1%

  5. Close of 2022 sees softer labour market, with 60,235 fewer jobs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year, the balance moved into deterioration as there were 115,856 more departures than hires... are up by 7,289 year-on-year, while voluntary exits are down by 7,661. Hires were up by 11,093 jobs compared to December last year, while departures are down by 372. The proportion of hirings

    1%

  6. Industrial turnover grows by 16.7 pct in Dec as foreign markets contract MoM
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover remained solid in December, rising by 16.7 percent year-on-year (YoY... rate of 2022. After more than one year of contraction, the index posted growth of 18.2 percent in March 2021 and has been growing ever since. In May this year, with growth of 54 percent annually

    1%

  7. Growth of retail sales slows to 8.8 pct in Dec amid decline in volume of food sold

    EconomyMacroeconomy

    The growth in Greece’s retail sales slowed down in December, rising by 8.8 percent year-on-year... for nearly a year. On a monthly basis, the seasonally adjusted index decreased by 1.3 percent, after... the previous low of -57.9 of October last year, and on a rolling 12-month basis is improved from

    1%

  8. Retail turnover grows by 10.8 pct in Jan, volumes of food and fuel sales drop
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace in January, rising by 10.8 percent year-on-year... for nearly a year. On a monthly basis, the seasonally adjusted index increased by 0.9 percent, after... year, and on a rolling 12-month basis is improved from the -51.4 points of March last year. Retail

    1%

  9. Industrial turnover growth slows to 6.7 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover remained in growth territory in February, growing by 6.7 percent year-on-year (YY), from a 17.7 percent rise in January, according to data released by the Hellenic... months, a far cry from the increase of 42.4 percent in August last year. After more than one year

    1%

  10. Data for 2022 confirms tourism's full recovery, with nearly 30 mln visitors
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    year came close to recovering all losses suffered from the pandemic with travel receipts reaching 17.68... for last year’s budget that 2022 would fetch 80 pct of the 2019 receipts. The balance last year came..., as last year arrivals are estimated at 29.88 million travellers, nearly doubling from 2021, short

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