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  1. Car sales accelerate by 38.3 pct YoY in Feb, led by used vehicles

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by a notable 38.3 percent year-on-year (YoY) in February, after a drop of 8.7 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In February 2021, the year-on-year change

    2%

  2. SYRIZA challenges govt over Covid deaths again as pandemic numbers rise
    Photo by Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    Minister Thanos Plevris tried to play down the data, saying that the numbers had already been discussed

    2%

  3. Unemployment broadly unchanged at 13.2 pct in Q4
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and the wind down of the tourism season as the data is not seasonally adjusted. The number of economically

    2%

  4. Newsletter 332 - 18/03/2022

    Newsletters

    cannot come soon enough for the government as inflation is starting to bite in Greece. Data

    2%

  5. Hirings turn positive, but with low balance, in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance turned positive in February with 15,189 more hirings than departures, according to data from the Labour Ministry’s Ergani information system. This came after a negative balance of 25,804 recorded in January this year. The balance in February last year was positive

    2%

  6. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in January 2020 the current account posted a deficit

    2%

  7. Travel surplus of 60.8 mln in Jan substantially higher than a year earlier
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 60.8 million euros in the opening month of 2022, from 64 million euros in December, according to Bank of Greece (BoG) data released on Thursday. January’s balance was significantly higher than the 1.7 million euros recorded in January 2021, However

    2%

  8. Feb budget primary surplus confirmed at 840 mln, as revenues overperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance

    2%

  9. Building activity ends 2021 on the up, rising by 26.6 pct annually

    EconomyMacroeconomy

    Last year ended on a high with respect to the number of building permits issued in Greece, Hellenic Statistical Authority (ELSTAT) data showed on Monday. They rose by 18.3 percent year-on-year (YoY), although this was lower than the 42.9 percent increase seen in November The total number of permits

    2%

  10. Producer prices triple YoY and increase by 4.9 pct MoM
    Photo via https://flic.kr/p/2cusZK8

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) continued its meteoric rise in February, when it jumped by 33.6 percent year-on-year (YoY), after another solid increase of 31.6 percent in January, ELSTAT data said on Wednesday. The index was in negative territory for most of 2020 and up until March 2021, when

    2%