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Unemployment rate hovers at 12.5 pct in May, improves by 3 pps on last year
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed unchanged in May, dropping to 12.5.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people increased by 228,355 in May, with total employment staying above the four-million mark
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CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
EconomyMacroeconomyThe rise in Greece’s Consumer Price Index (CPI) remained broadly unchanged in May, growing by 2.8... months. In May 2022, the CPI was up by 11.3 percent YoY as the wave of inflation was in full swing... months prior to May 2021, when CPI posted a marginal increase of 0.1 percent. Prices have been pushing
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Unemployment rate drops to 10.8 pct in May, youth figures improve to 24 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped in May, landing at 10.8 percent, from... on Friday. In May last year, the unemployment rate was 12.7 percent. These are the lowest jobless rates.... The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number of employed people
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CPI slows to 2.4 pct in May as food price increases ease
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) slowed down in May with a rise of 2.4 percent..., from a rise of 0.5 percent in April. In May 2023, the CPI was up by 2.8 percent YoY. The price index was in deflation for the 12 months prior to May 2021, when the CPI posted a marginal increase of 0.1
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Ongoing rise in imports and tame exports elevate trade deficit to 3.39 bln in May
EconomyMacroeconomyGreece’s trade deficit recorded a solid rise of 13.6 percent year-on-year (YoY) in May, after... billion euros for May. Imports totalled 7.55 billion euros, rising by almost 7 percent YoY. Exports totalled 4.16 billion euros. An increase of just 1.9 percent compared with May 2023. In May 2023
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Receipts and arrivals rise in May, but spending per trip down by 12.2 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.65 billion euros in May, compared to 571.2 million euros in April, according to data released by the Bank of Greece (BoG) on Tuesday. May's balance was 2.7 percent higher than the 1.61 billion euros recorded in May 2023. In May 2022, the balance
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CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year (YoY) in May, from 2 percent in the previous month, according to the data released on Monday... percent, from no change in the previous month. In May 2024, the CPI was up by 2.4 percent YoY
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Car registrations rise by 13.5 pct YoY in May to highest since 2010
EconomyMacroeconomyVehicles going into circulation for the first time rose by 16.3 percent year-on-year (YoY) in May... released on Monday. In May 2024, licences had dropped by 0.8 percent annually. Car sales in May... percent YoY in May. This is the highest figure of car registrations since early 2010. Passenger
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Travel receipts maintain momentum in May with 17.7 pct YoY rise
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.88 billion euros in May, compared to 778.6 million euros in April, according to data released by the Bank of Greece (BoG) on Tuesday. The May balance was 15.5 percent higher than the 1.62 billion euros recorded in May 2024. Receipts for the month were
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Budget balance up to May well above target as VAT brings in 650 mln more than planned
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.65 billion euros for May, compared... execution data released on Thursday. The primary balance up to May was 2.41 billion euros above... euros. Net revenues were 30.22 billion euros. The total budget balance for May showed a surplus
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