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Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before
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Unemployment falls to 9.2 pct in Dec amid big YoY drop in number of out-of-job workers
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate remained below 10 percent in December, landing at 9.2 percent, from 9.4 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In December last year, the unemployment rate was 12.2 percent. These are the lowest
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Trade deficit drops by 20 pct in 2023 despite contraction of exports
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after a decline of 28.6 percent in November, according to data released by ELSTAT on Wednesday. The deficit came to 2.61 billion euros for December. Imports totalled 6.31 billion euros, dropping by 17.7 percent
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Newsletter 411 - 09/02/2024
with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end of last November
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Investment grade boost visible in strong demand for Greek assets
Economyof last November, the Greek state made available a 22 pct stake of NBG bank through the Hellenic
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Import prices end 2023 with 12.3 pct drop after 27.7 pct jump in 2022
EconomyMacroeconomyGreece’s import price index remained in contraction in December, as it fell by 8.7 percent year-on-year (YoY), after dropping by 8.6 percent in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The consecutive negative readings now stretch back for 11
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Centre-left parties jockey for position ahead of EP elections
PoliticsGreek Politicsin November of last year after expressing dissatisfaction with the course the party was taking after
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CPI at 3.1 pct in Jan, foods up by 8.3 pct
EconomyMacroeconomy. Month-on-month, the CPI decreased by 0.8 pct, from a drop of 0.1 percent in November. In January 2023
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Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
EconomyMacroeconomyThe contraction in Greece’s industrial turnover accelerated in December, dropping sharply by 7.2 percent year-on-year (YoY) from a 2.5 percent decrease in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. This is the ninth successive annual drop
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Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
EconomyMacroeconomyGreece's travel balance recorded a surplus of 114.9 million euros in December, compared to 206.2 million euros in November, according to data released by the Bank of Greece (BoG) on Wednesday. December's balance was 72.1 percent higher than the 66.8 million euros recorded in December 2022
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