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  1. Despite another annual rise of 35.6 pct in Jul, producer prices fall for third straight month
    Image via www.http://www.cenergyholdings.com

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) annual growth slowed down further, still with another solid rise of 35.6 percent year-on-year (YoY) in July, after the 39.9 percent in June, ELSTAT data said on Tuesday. The index was in negative territory for most of 2020, and up until March 2021

    2%

  2. Back-to-back contraction for PMI in Aug reflects tough conditions for manufacturing

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by just 0.3 points in August to 48.8 points, after a 2-point drop to 49.1 in July, according to S&P Global data released on Thursday. August’s PMI captured back-to-back, albeit modest, declines in the state of the Greek manufacturing sector, with the latest fall

    2%

  3. Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    in 2020. According to the latest data for 2021, after social transfers 19.6 pct of Greeks were

    2%

  4. July trade deficit of 3 bln takes total to 20.67 bln, up by 65.6 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The rise in Greece’s trade deficit slowed down in July, but still increased by a sizable 33.3 percent year-on-year, according to data released by ELSTAT on Wednesday. This came after a 42.7 percent jump in June. The deficit came to virtually 3 billion euros for July. Imports totalled 7.97 billion

    2%

  5. Despite consecutive monthly drops, energy drives up Aug CPI by 11.4 pct
    Image: https://www.flickr.com/photos/151653494@N04/

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained elevated in August, rising by 11.4 percent year-on-year, marginally slowing from the 11.6 percent in July, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period increased

    2%

  6. Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued recording gains in July, rising by 7 percent year-on-year (YoY), after an upwards revised 8.9 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The index has now grown in five out of the first seven

    2%

  7. Passenger cars lead the way as vehicle sales rise by 17.9 pct in Aug
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time picked up pace in August, rising by 19.1 percent year-on-year (YoY), from the 2.3 percent growth in July, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. In August 2021, the year-on-year change

    2%

  8. Opposition lambasts Mitsotakis over support package, accuses PM of election scaremongering
    Image: https://flic.kr/p/ARpkYe

    PoliticsGreek Politics

    minister also came under attack for cherry-picking data in his speech to back up his claim that Greek

    2%

  9. Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020

    EconomyMacroeconomy

    Greece’s import price index grew at a solid pace in July, recording a rise of 28.1 percent year-on-year (YoY), according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has been slowing down for three months in a row, from the 39.1 percent peak rise in April

    2%

  10. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    that eventually did materialise. The data is not seasonally adjusted. The number of economically inactive people

    2%