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July trade deficit of 3 bln takes total to 20.67 bln, up by 65.6 pct YoY
EconomyMacroeconomyThe rise in Greece’s trade deficit slowed down in July, but still increased by a sizable 33.3 percent year-on-year, according to data released by ELSTAT on Wednesday. This came after a 42.7 percent jump in June. The deficit came to virtually 3 billion euros for July. Imports totalled 7.97 billion
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CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomyThe rise in Greece’s Consumer Price Index (CPI) decelerated further in April, with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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New bonds drive up central government debt by 3 bln to 404.69 bln in Q2
EconomyMacroeconomyGreece’s central government debt recorded a sizable rise of over 3 billion euros to 404.69 billion euros in Q2 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday. The Q2 debt movements reflect mostly a rise of roughly 3.5 billion euros in bonds with the rest of the categories staying
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
EconomyMacroeconomy. Month-on-month (MoM), the index rose by 3 percent, after it increased by 1.4 percent
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Nov headline CPI at 3 pct, food price inflation three times higher
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) growth dropped marginally in November, with a 3 pct rise year-on-year (YoY), after more than doubling to 3.4 pct in October, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3 billion euros in March, compared to a surplus of 3.08 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In March, the budget primary balance
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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomyGreece’s retail sales resumed growth with a 3 percent year-on-year (YoY) in June, after a marked decline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May
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Disposable income rises in Q2, saving rate stays negative at -3 pct
EconomyMacroeconomy. The household saving rate (defined as gross savings divided by gross disposable income) stood at -3 percent
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PM hopes solo run can lead to settlement of football dispute
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has taken it upon himself to try to resolve the storm created by a dispute involving the country’s top football teams and their owners, which is threatening unpredictable political consequences. During Thursday’s cabin...
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