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  1. Survey of 2023 household budgets highlights lasting effects of debt crisis
    By Panayotis Tzamaros/Fosphotos

    Society

    spending is down by over 20 pct compared to 2008, which is broadly in line with widely reported data

    2%

  2. Sep CPI almost unchanged at 2.9 pct, food inflation rises above headline number again

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) was virtually unchanged in September with a rise of 2.9 percent year-on-year (YoY), after an increase of 3 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI

    2%

  3. Growth of industrial production moderates to 3.1 pct YoY in Aug
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) grew in August by 3.1 percent year-on-year (YoY), after a 9.9 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. The index now has just one negative reading in March this year since

    2%

  4. Led by sharp drop in purchases of new vehicles, car sales decline by 5.6 pct in Sep

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 4.4 percent year-on-year (YoY) in September, after a drop of 5.8 percent in August, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In September 2023, licences had grown by 15.6 percent annually. Car

    2%

  5. Government facing up to threat from rise of far right parties

    PoliticsGreek Politics

    to Latinopoulou’s gripes about migration by saying that official data shows that the number of asylum seekers who

    2%

  6. Drop in energy pushes import prices down by 4.3 pct YoY in Aug

    EconomyMacroeconomy

    Greece’s import price index remained in contraction in August, accelerating to 4.3 percent year-on-year (YoY), after a 1.6 percent drop in July, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index recorded more than one year of consecutive negative

    2%

  7. Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 8.74 billion euros up to September, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. During the nine months of the year, the primary balance came in 3.45 billion euros above the target

    2%

  8. Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this is mainly due to an improvement

    2%

  9. Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 4.02 billion euros in August, compared to 3.76 billion euros in July, according to data released by the Bank of Greece (BoG) on Tuesday. August's balance was 1.7 percent lower than the 4.09 billion euros recorded in August 2023. In August 2022

    2%

  10. Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    , marginally slowing down to 2 pct in 2025. The most alarming piece of data is the IMF estimate for 2029

    2%