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  1. Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of building permits issued in Greece continued rising in November, increasing by a solid 42.9 percent year-on-year (YoY), from 18.4 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The total number of permits was 2,310, from 1,617 in November 2020

    2%

  2. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , and particularly relative to countries where the sector started developing earlier. According to data collected

    2%

  3. Newsletter 330 - 04/03/2022

    Newsletters

    and products. This was captured in the latest PMI data released this week. Although the index remained broadly

    2%

  4. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by just 0.4 percent quarter-on-quarter (QoQ) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3), provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. On an annual basis, Q4

    2%

  5. CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) accelerated further in February, rising by 7.2 percent year-on-year (YoY), after an increase of 6.2 percent in January, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The average CPI for the rolling 12-month

    2%

  6. As imports soar, Jan trade deficit jumps by 98.7 pct; worst since Mar 2010
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued its upward trajectory in January, nearly doubling year-on-year by 98.7 percent, from a jump of 79 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The deficit came to 2.94 billion euros for the month

    2%

  7. In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) recorded its first contraction in months, dropping by 0.2 percent year-on-year in January following an upwards revised 8.4 rise in December, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. IPI grew for 14 consecutive months

    2%

  8. Govt readies additional inflation relief package, draws up new budget

    PoliticsGreek Politics

    to bite in Greece. Data collected by the Ministry of Development shows that a typical basket of 25

    2%

  9. Import price index shoots up by 31.8 pct as oil and natural gas soar by 25 pct MoM
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    Greece’s import price index shot up by 31.8 percent year-on-year (YoY) in January, from a rise of 23.6 percent seen in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. Month-on-month, the index also increased sharply by 9.7 percent in January

    2%

  10. Budget primary balance up to Feb beats target by 1.09 bln on back of underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 came to a surplus of 847 million euros, compared to a deficit of 1.5 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday. The primary balance is well

    2%