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CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data... have been accelerating since. The latest figure of 5.1 percent is the highest since January 2011
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicsanother week. Those familiar with discussions within government note, however, that the latest... are arguing for cuts on consumption taxes and an immediate increase to the minimum wage. Polls The latest
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Govt hails success of vaccine mandate amid continuing surge in 'hard' indices of pandemic
PoliticsGreek Politicsthat the restrictions on large events and nightlife will be lifted when the latest extension expires... to express restrained optimism in the outcome of the latest stage in the pandemic, based
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IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
EconomyMacroeconomywas up by 1 percent. According to the European Commission’s latest business surveys for January, industry... the latest data captured a solid improvement in operating conditions, the growth rate eased to the slowest
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Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomyand 1.36 million Greeks were out of employment. ELSTAT released the latest monthly unemployment figure.... The latest available quarterly figure is up to Q3 2021, where the rate is seen at 13 pct, aligned
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Industrial turnover rises by another 22.9 pct in Dec, led by non-domestic market
EconomyMacroeconomy, posting growth of 18.2 pct in March 2021. December is the latest in a series of impressive readings... 59 in December. Although the latest data captured a solid improvement in operating conditions
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politicslevels. The latest hurdle comes in the wake of the pandemic causing Greece to accrue 32 billion euros... the last two years. In the latest post-bailout review, the institutions highlighted the need
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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsthe centre-right administration is contemplating. Ta Nea suggested on Monday that the latest package... Ministry will also publish the latest Medium-Term Fiscal Strategy (MTFS). According to Monday’s
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Import price index shoots up by 31.8 pct as oil and natural gas soar by 25 pct MoM
EconomyMacroeconomyconsumer goods by 27.64 percent and intermediate goods that increased by 24.6 percent. The latest... by 7.2 percent in February, while the latest producer price in industry for January rose by 31.6
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Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
EconomyMacroeconomy, the unemployment rate was 16.2 percent. The latest figure remains the lowest unemployment rate since August... percent, while the rate in the 24-74 years bracket was 11.9 percent. The latest available data from
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