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Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
EconomyMacroeconomyThere was an acceleration in the decline of Greece’s industrial turnover in September, dropping by 7.9 percent year-on-year (YoY) from a 4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday...
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Travel receipts recover in Sep, up 4.1 pct in 9M to 18.76 bln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 3.58 billion euros in September, compared to 4.02 billion euros in August, according to data released by the Bank of Greece (BoG) on Thursday. August's balance was 9.4 percent higher than the 3.1 billion eur...
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Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months
EconomyMacroeconomyGreece’s retail sales resumed growth in September with a rise of 1.7 percent year-on-year (YoY), after a drop of 1.7 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index experienced a decline o...
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Despite marginal drop in Sep, building permits up by 17.1 pct over 9M
EconomyMacroeconomyBuilding activity experienced a marginal decline in September, with a decrease of 0.9 percent year-on-year (YoY), after a rise of 10.5 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total num...
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Economic sentiment drops sharply in Sep, consumer confidence at highest since June
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped in September, with the index at 106.2 points, from 110 in the previous month, according to European Commission figures released on Monday. Over the rolling 12-month period, September’s ESI was down 1.5 points fr...
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in September to 52 points, from 54.5 points in the previous month, S&P Global data showed on Wednesday. The latest data indicates a modest upturn in the health of the sector, although it was the second sl...
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) decelerated further in September with a rise of 1.8 percent year-on-year (YoY), from 2.9 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The av...
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New vehicles drive car sales up by 20.7 pct YoY in Sep
EconomyMacroeconomyVehicles going into circulation for the first time jumped by 11.7 percent year-on-year (YoY) in September, after a decrease of 2.4 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In September 2024, licenc...
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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
EconomyMacroeconomyThe budget primary balance produced a surplus of 9.36 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. The primary balance came in at 4.15 billion euros above the targ...
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 9.45 billion euros up to September, compared to a surplus of 8.76 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on M...
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