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  1. Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8 percent in January from 2.6 percent in December, according to the Hellenic Statistical Authority (ELSTAT). This is the second highest negative reading since 20...

    4%
  2. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    Greek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate was the first time the contraction fell below the 3-pe...

    4%
  3. Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today. Not...

    4%
  4. Industrial production index inches upward in Jan following largely negative trend

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) marginally rose by 0.1 percent in January after a downward revised 3.2 percent drop in December, according to the Hellenic Statistical Authority (ELSTAT). This was the first positive reading since November and...

    4%
  5. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) deficit widened to 847 million euros in January 2015, more than 2.5 times higher than the previous year, according to the Bank of Greece (BoG). The negative movement by 511 million euros year on year (YoY) reflects deterio...

    4%
  6. Drop in building permits accelerates to 7.1 pct in Jan

    EconomyMacroeconomy

    The drop in Greek building permits slightly accelerated to 7.1 percent in January from 6.4 percent in December, according to the Hellenic Statistical Authority (ELSTAT). The January figure is the eighth straight monthly negative reading for the month an...

    4%
  7. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate fell to 25.7 percent in January from a downward revised 25.9 percent in December, according to the Hellenic Statistical Agency (ELSTAT). December’s figure is the lowest reading since August 2012. A similar ...

    4%
  8. Economic sentiment improves 4 pts in Jan but consumer confidence worsens 2.8 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by another four points in January when it rose to 91.6, European Commission (EC) figures showed on Thursday. The January figure is the highest reading since May 2015. Since the beginning of the Greek crisis, ES...

    4%
  9. Car sales rise by 3.7 pct in Jan
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    The number of road motor vehicles going into circulation for the first time increased for the third straight month in January, albeit at the slower pace of 3.7 percent in January from 7 percent in December, Hellenic Statistical Authority (ELSTAT) data d...

    4%
  10. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    The hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273, the Labour Ministry information system (Ergani) data showed on Monday. Ergani was launched in March 2013 and registers in real time the employment flow i...

    4%