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  1. Corporate deposits propel savings increase to 208 bln in Sep
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    EconomyMacroeconomy

    The Greek banking system’s private sector deposits rose strongly in September, with a net increase of 2.65 billion euros, after a rise of 2.05 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Monday. The annual g...

    7%
  2. Business loans drive credit growth of 10.7 pct in Sep
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    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in September, rising by 10.7 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Monday showed. The net lending flow was posit...

    7%
  3. Unemployment unchanged at 8.2 pct in Sep
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was unchanged at 8.2 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In September last year, the unemployment rate was 9.7 percent. Despite minor fluctuations in ...

    7%
  4. Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday. This was the third decline of the year, following six con...

    7%
  5. Hiring balance turns negative in Sep on as tourism season winds down
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was negative in September with 9,196 more departures than hires, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in September last year was positive with 3,596 more hires. This led t...

    7%
  6. Trade deficit narrows by 13.6 pct YoY in Sep on back of oil effects

    EconomyMacroeconomy

    Greece’s trade deficit fell sharply by 13.6 percent year-on-year (YoY) in September, after a drop of 18.8 percent in August, according to data released by ELSTAT on Friday. The deficit came to 2.67 billion euros for September. Imports totalled 6.92 bill...

    7%
  7. Manufacturing drives industrial production increase of 6.8 pct YoY in Sep
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    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) resumed growth in September with a jump of 6.8 percent year-on-year (YoY) drop, after a drop of 2.8 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. M...

    7%
  8. Import prices resume growth in Sep, food up 6.9 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s import price index returned to growth in September, with a marginal rise of 0.4 percent year-on-year (YoY), after a 2.4 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. ...

    7%
  9. Industrial turnover jumps by 13.4 pct YoY in Sep for first rise since Jan
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover recorded a strong rebound in September, with a jump of 13.4 percent year-on-year (YoY), from a 1.5 percent drop in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. This is the fi...

    7%
  10. Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 3.14 billion euros in September, compared to 4.15 billion euros in August, according to data released by the Bank of Greece (BoG) on Monday. The September balance was 6.7 percent lower than the 3.36 billion ...

    7%