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Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed its recovery in May, rising by 3.2 percent year-on-year (YoY), after a temporary pause in April when it dropped by 4.8 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Frid...
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Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up strength in February, rising by 5.2 percent year-on-year (YoY), from just a marginally positive 0.8 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. Th...
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Economic sentiment indicators inch up again in July
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a 1-point rise in July, after a 2-point increase in June, according to European Commission figures released on Friday. Sentiment has been improving in seven of the last nine months, essentially since October la...
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Industrial production contracts again in July, as electricity supply drives 1.9 pct drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded back-to-back contractions in July, falling by 1.9 percent year-on-year (YoY), after dropping by a downward revised 3.4 percent in June, according to Hellenic Statistical Authority (ELSTAT) data release...
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Economic sentiment slides by 0.4 pts again in Dec, consumer confidence improves
EconomyMacroeconomyGreece’s economic sentiment (ESI) experienced another marginal drop of 0.4 points in December, the same decline as in the previous month, falling to 106 points overall, according to European Commission figures released on Monday. Sentiment had been impr...
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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance showed a deficit of 161.5 million euros. The Bank of ...
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CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) increased marginally in March, with a rise of 3.2 percent year-on-year (YoY), after an increase of 2.9 percent in February, according to the data released on Wednesday by the Hellenic Statistical Authori...
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomyGreece’s industrial turnover fell sharply in March, dropping by 6 percent year-on-year (YoY) from a 3 percent increase in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. Industrial turnover resumed its cont...
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Energy forces import prices upwards again with 2 pct increase YoY in Apr
EconomyMacroeconomyGreece’s import price index stayed on positive ground in April, rising by 2 percent year-on-year (YoY), after a 1.3 percent increase in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. After 13 months of consec...
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Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
EconomyMacroeconomyGreece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this...
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