Search
-
Price rises moderate further in Mar on annual basis, but pick up MoM
EconomyMacroeconomyThe pace of the rise in Greece’s Consumer Price Index (CPI) dropped further in March, when it increased by 4.6 percent year-on-year (YoY), from a 6.1 percent upsurge in February, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
2% -
Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up strength in February, rising by 5.2 percent year-on-year (YoY), from just a marginally positive 0.8 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. This is the first back-to-back sector growth
2% -
Car sales jump by 28.4 pct in Mar, rise by 21.5 pct in Q1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time grew strongly in March, rising by 31.3 percent year-on-year (YoY), after dropping by 8.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. In March 2022, the year-on-year change was a 5.6
2% -
Top judge's resignation over election law overshadows campaigns
PoliticsGreek Politicsat the personal data protection authority over the surveillance affair. The opposition alleges
2% -
Import prices turn negative in Feb for first time in two years
EconomyMacroeconomyGreece’s import price index went in contraction in February, dropping by 5.6 percent year-on-year (YoY), after a rise of just 0.4 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. This is the first negative reading since January 2021, when
2% -
Current account deficit narrows to 1.32 bln in Feb as oil impact wanes
EconomyMacroeconomyGreece’s current balance in the second month of 2023 came to a deficit of 1.32 billion euros, from a narrow deficit of 125.2 million euros in January, Bank of Greece (BoG) data showed on Thursday. In February 2022, the balance showed a deficit of 2.34 billion euros, while in February 2021
2% -
Boost for travel balance as arrivals rise by 83.5 pct in first two months of 2023
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 106.8 million euros in February, from 26.3 million euros in January, according to Bank of Greece (BoG) data released on Friday. February’s balance was 94.6 percent higher from the 54 million euros registered in February 2022. Higher than the 5.4 million
2% -
ND quick out of blocks as election race gets underway officially
PoliticsGreek Politics, by the latest poll data to the extent that it shows the sense of anger that was prevalent in the days
2% -
Higher VAT and income tax takes, with limited spending help budget beat targets in Mar
EconomyMacroeconomyThe budget primary balance in March was confirmed to be a surplus of 3.08 billion euros, compared to a deficit of 1.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In the first three months of the year, the budget
2% -
Disposable income rises by 10.9 pct in Q4
EconomyMacroeconomyHousehold disposable income increased by a solid 10.9 percent year-on-year (YoY) in the fourth quarter (Q4) of 2022, from a 10.2 percent rise in the third quarter (Q3), according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday. The absolute figure was 34.94 billion euros in Q4
2%