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CPI falls by 2 pct YoY in September
EconomyMacroeconomyit fell by -2.2 percent. The data showed that the core index fell by 1.6 percent in September
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Industrial production drops by 3.8 pct in August
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) decreased by 3.8 percent year-on-year (YoY) in August following a fall of 0.2 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. On a YoY basis, the index has remained consistently negative in the year so far and has
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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 3 percent in September compared to a drop of by 23.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In September 2019, the year-on-year change showed a rise of 22.9 percent. The current month’s
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Building permits rise by 12 pct in July as construction picks up
EconomyMacroeconomyBuilding permits rose by 12 percent year-on-year (YoY) in July compared to a rise of 17 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 2,116. The corresponding surface area rose by 3.8 percent while volume increased
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PM tries to draw line under Golden Dawn affair, defends handling of second Covid-19 wave
PoliticsGreek Politicsthe second coronavirus wave well, arguing that data compares favourably with other European countries
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Employment balance positive by 38,529 in September
EconomyMacroeconomyThe employment balance was positive with 38,529 more hirings than firings in September, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 35,878 more people hired than fired. Ergani noted that September 2020’s balance is the second
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Covid-19 inflicts minimal wear and tear for ND as opposition struggles to profit
PoliticsGreek Politicsthat is being troubled least by the pandemic. According to data published by the European Centre
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Industrial turnover drops by 15.1 pct in August as manufacturing slows
EconomyMacroeconomyGreece’s industrial turnover fell by 15.1 percent year-on-year (YoY) in August compared to a sharper drop of 16.2 percent in July, Hellenic Statistical Authority (ELSTAT) data published on Tuesday showed. The latest reading is the seventh consecutive decline in as many months. The monthly
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingdata, 26 billion euros from 393,000 loans are in moratoria. Regarding the tourism sector, loans
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomyGreece’s current account (C/A) balance posted a surplus of 79.7 million euros in August compared to a deficit of 874.5 million euros in July, Bank of Greece (BoG) data showed on Wednesday. In the same period last year, the balance showed a surplus of 1.80 billion euros, meaning that the surplus has
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