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Energy key factor in 3.7 pct YoY drop for producer prices in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) opened the new year with a drop of 3.7 percent year-on-year (YoY) in January, after a decrease of 2.1 percent in the previous month, ELSTAT data showed on Friday. The index was in contraction for five months in 2025, ...
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Unemployment rate broadly stable at 7.7 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped further in January to 7.7 percent, from an upwards revised 7.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemploym...
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Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
EconomyMacroeconomyGreece’s trade deficit dropped by 0.9 percent year-on-year (YoY) in January, after a rise of 2.4 percent in December, according to data released by ELSTAT on Tuesday. The deficit came to 2.81 billion euros for January. Imports totalled 6.44 billion euro...
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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in January with a rise of 5.3 percent year-on-year (YoY), from 4 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. Month-on-month (MoM), the seas...
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Energy keeps import prices in contraction for Jan with 4.6 pct YoY drop
EconomyMacroeconomyGreece’s import price index remained in contraction with a drop of 4.6 percent year-on-year (YoY) in January, after a 5.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The in...
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.29 billion euros in January, from 3.86 billion euros in December, Bank of Greece (BoG) data released on Monday showed. In January 2025, the balance showed a deficit of 873.4 million euros. The Bank of Gre...
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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. The January balance was 157.6 percent higher than the 90.8 millio...
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
EconomyMacroeconomyThe growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index also rose by 4.5 per...
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economydecision retroactively. This means the coalition will have to restore pensions but not pay out the amount... not have any impact on these bonuses. The government is not in a position to pay out this amount (up... with pensioners' unions regarding an acceptable way for retirement pay to be gradually raised
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyor 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5 million taxpayers will pay exactly the same amount. In addition, 21 percent or 1.5 million will have to pay a slightly higher amount up to 10 euros compared to last year. This means the vast majority
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