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  1. Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared to a deficit of 7.89 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday. As is the standard practice, once

    2%

  2. Q3 unemployment of 11.6 pct is lowest rate since Q1 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    materialise and boosted the labour market. The data is not seasonally adjusted. The number

    2%

  3. PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for information. Dogiakos reportedly denied that the watchdog had a right to the data. However

    2%

  4. Oct current account deficit widens to 2.7 bln - worst since 2008
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a deep current account deficit (C/A) in October of 2.7 billion euros, from a deficit of 811.4 million euros in September, Bank of Greece (BoG) data showed on Wednesday. In October 2021, the balance showed a deficit of 1.15 billion euros, while in October 2020 the current account

    2%

  5. Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday. October’s balance was higher than the 1.13 billion euros registered in October 2021. It was also higher than the 489.6

    2%

  6. Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros, compared to a deficit of 7.88 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. As is the standard practice, once

    2%

  7. Modest growth of 2.7 pct in building activity during 9M
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits in September stayed on a growth trajectory thanks to a rise of 9.1 percent year-on-year (YoY), after an increase of 12.6 percent in August, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Wednesday. The total number of permits issued in September

    2%

  8. Retail sales grow annually in Oct as volumes, monthly movements reflect cost of living impact
    Image: MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s retail sales saw a further drop in pace in October, rising by 8 percent year-on-year (YoY), from a 10.2 percent growth in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index dropped by 2.2 percent annually, as volume

    2%

  9. Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    There was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising by 26.2 percent year-on-year (YoY), after a 35.4 percent increase in October, ELSTAT data showed on Friday. The index was in negative territory for most of 2020 and up until March 2021, when it grew

    2%

  10. Nov trade deficit at 3.75 bln, as 11-month deficit rises by 58.6 pct to 35.15 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit climbed by 27.7 percent year-on-year (YoY) in November, from a jump of 70.5 percent in October, according to data released by ELSTAT on Monday. The deficit came to 3.75 billion euros for November. Imports totalled 8.49 billion euros, rising by 23.5 percent YoY. Exports

    2%