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  1. Industrial production declines by 4.5 pct in Dec
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) dropped by 4.5 percent in year-on-year (YoY) in December compared to a revised downward drop of 9 percent in November, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The headline figure for December is the second consecutive

    2%

  2. Car sales rise by 8.3 pct in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 8.3 percent in January after an increase of 21 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January 2019, the year-on-year rise came to 9.2 percent. Car sales for the month came

    2%

  3. Rise of exports slowed in 2019, with goods suffering dip
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    Greek exports appear to be undergoing a slowdown according to the latest export figures available, showing that in 2019, exports of goods grew by only 1 percent year-on-year (YoY). According to data from the Hellenic Statistical Authority (ELSTAT), exports of goods in 2019 totalled 33.80 billion

    2%

  4. Building permits increase by 12.4 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 12.4 percent year-on-year (YoY) in November compared to a rise of 12.6 percent in October, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed. The total number of permits came to 1,785, staying above the 1,000-permit mark for nine consecutive months

    2%

  5. Employment balance negative by 17,318 in January
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance was negative by 17,318 in January according to data from the Labour Ministry’s Ergani information system. Compared to the same month last year, there were 5,015 more people hired than fired. Ergani noted that the month of January has registered a negative balance for each

    2%

  6. EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 2 percent. The Commission notes that based on the first three quarters available data, real GDP

    2%

  7. Industrial turnover rises by 11.3 pct in December
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 11.3 percent year-on-year (YoY) in December, recovering from a revised drop of 8 percent seen in November, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. December’s headline figure interrupts four consecutive months of negative

    2%

  8. Current account deficit more than halves to 2.57 bln in 2019
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 540.3 million euros in December, from a deficit of 1.39 billion in November, according to Bank of Greece (BoG) data released on Thursday. In the same period last year, the deficit was 1.51 billion euros, improving by 973.9 million year

    2%

  9. Travel balance surplus up by 10.9 pct in 2019 as 31.3 mln visitors roll in
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to a surplus of 42.7 million euros in December according to Bank of Greece (BoG) data released on Friday, representing a rise of 84.6 percent compared to the same time last year. Receipts came to 288.9 million euros, increasing by 6.1 percent year-on-year (YoY). Travel

    2%

  10. Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index increased by 0.2 percent in December following a rise of 4.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The current month’s reading is the seventh positive reading for the year so far. Overall, the average turnover for 2019 landed

    2%