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Industrial turnover rises by 20.5 pct in August for highest increase since May 2017
EconomyMacroeconomyGreece’s industrial turnover rose by 20.5 percent in August after July’s figure was slightly revised upward to 17.6 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest figure keeps the index on positive ground for eight months, after the negative reading
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Disposable income grows by 3.3 pct in Q2
EconomyMacroeconomyincome has remained in positive territory for five consecutive quarters, with the latest rate
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Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday. Sentiment has stayed above the 100-point mark for seven consecutive months now. The latest month’s reading is the lowest since March this year, when
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Retail turnover increases by 4.3 pct in August, volume rises 3.2 pct
EconomyMacroeconomy-on-month to 75.2 from 75.7 in July, while volumes also fell by 0.9 percent to 73.6 from 74.3. The latest
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SYRIZA and ND at odds over proposals for changing constitution
PoliticsGreek Politicsis due to hold its latest party conference this weekend. Theodorakis dismissed suggestions that more MPs
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PMI slows to 53.1 in October, orders and employment remain strong
EconomyMacroeconomyGreece’s Manufacturing PMI declined slightly to 53.1 points in October from 53.6 points in September, staying over the 50-mark threshold for 17 months. However, the latest reading represents a six-month low, while business confidence slipped to its lowest level since September 2017. Output growth
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesThe latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide. Last year, Greece stood at 67th place. The country ranked below Vietnam (69), the Kyrgyz Republic (70) and Ukraine (71). The Doing Business Indicator
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Coalition's role in freight terminal contract, public broadcaster under attack
PoliticsGreek Politicsthe change in price being the result of the initial valuation being provided in 2015, while the latest
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Unemployment at 18.9 pct in August, unemployed remain under 1 mln
EconomyMacroeconomyat 23.5 percent. The latest available data from the Labour Ministry’s Ergani database for September
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CPI up by 1.8 pct in October, highest since March 2017
EconomyMacroeconomythe highest reading since March 2017. The average CPI for the latest 12-months since November 2017 came
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