Search
-
Cost-of-living, surveillance developments encourage ND to target majority in 2023
PoliticsGreek Politicsto announce this week the construction of another data centre in Greece. The centre-right party will use
2% -
Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY
EconomyMacroeconomyThere was a reversal of the recent decline in building permits in June as the number of licences issued rose by 3 percent year-on-year (YoY), after falling by 0.4 percent in May, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Wednesday. The total number
2% -
Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) annual growth accelerated once again, with another solid rise of 39.5 percent year-on-year in August, from 35.6 percent in July, ELSTAT data said on Friday. The index was in negative territory for most of 2020, and up until March 2021, when it grew
2% -
Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 0.9 points in September, rising to 49.7 points, from 48.8 points recorded in August, according to S&P Global data released on Monday. September’s PMI captured the third consecutive decline in the state of the Greek manufacturing sector, though S&P Global notes
2% -
Trade deficit of 2.9 bln in Aug takes aggregate to 23.66 bln, up by 60 pct YoY
EconomyMacroeconomyThe rise in Greece’s trade deficit slowed further in August, but increased by a sizable 29.9 percent year-on-year, according to data released by ELSTAT on Friday. This came after a 33.3 percent jump in July. The deficit came to 2.9 billion euros for August. Imports totalled 7.69 billion euros
2% -
Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year (YoY), from 11.4 percent in August, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period increased to 8.7 percent
2% -
Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued recording gains in August, although by a more modest 3.9 percent year-on-year (YoY), after rising by a downwards revised 6.5 percent in July, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has now grown
2% -
Car market growth slows to 4.9 pct for 9M, from 23.1 pct last year
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time slowed down in September, rising by 4.7 percent year-on-year (YoY), from 19.1 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In September 2021, the year-on-year change
2% -
Opposition parties reject official conclusions of surveillance inquiry
PoliticsGreek Politicsfrom the importance of civil rights, such as the protection of privacy and personal data. Only
2% -
Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
EconomyMacroeconomystable in 2023 at 12.2 pct. Overall, this is a welcome set of data estimates from the Fund as over
2%