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  1. Car sales fall by 0.7 pct in Nov for first drop since July
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time moved to negative territory in November, dropping by 0.7 percent year-on-year (YoY), after rising by 2.4 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In November 2021

    2%
  2. Growth in import prices slows to 21.3 pct in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s import price index further slowed down its pace in October, rising by 21.3 percent year-on-year (YoY), from 25.2 percent, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index peaked in April with a 39.1 percent rise and has now recorded four

    2%
  3. Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared to a deficit of 7.89 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday. As is the standard practice, once

    2%
  4. Q3 unemployment of 11.6 pct is lowest rate since Q1 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    materialise and boosted the labour market. The data is not seasonally adjusted. The number

    2%
  5. PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for information. Dogiakos reportedly denied that the watchdog had a right to the data. However

    2%
  6. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a deep current account deficit (C/A) in October of 2.7 billion euros, from a deficit of 811.4 million euros in September, Bank of Greece (BoG) data showed on Wednesday. In October 2021, the balance showed a deficit of 1.15 billion euros, while in October 2020 the current account

    2%
  7. Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday. October’s balance was higher than the 1.13 billion euros registered in October 2021. It was also higher than the 489.6

    2%
  8. Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros, compared to a deficit of 7.88 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once

    2%
  9. Modest growth of 2.7 pct in building activity during 9M
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits in September stayed on a growth trajectory thanks to a rise of 9.1 percent year-on-year (YoY), after an increase of 12.6 percent in August, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Wednesday. The total number of permits issued in September

    2%
  10. Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s retail sales saw a further drop in pace in October, rising by 8 percent year-on-year (YoY), from a 10.2 percent growth in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index dropped by 2.2 percent annually, as volume

    2%