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Car sales start new year with a drop of 3.4 pct YoY in Jan
EconomyMacroeconomyVehicles going into circulation for the first time started the new year with a drop, falling by 7.4 percent year-on-year (YoY) in January, after a marginal decrease of 0.2 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In January 2024, licences
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Newsletter 451 - 14/02/2025
countries. With the latest data up to November last year, Greek exports to the US were just under 2.2
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CPI at 2.7 pct in Jan as rent rise of 9.2 pct highlights housing cost difficulties
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) continued the moderate upward trend in January with a rise of 2.7 percent year-on-year (YoY), from 2.6 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI
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Import prices rising again as Dec sees 0.6 pct YoY increase
EconomyMacroeconomyGreece’s import price index ended 2024 with a 0.6 percent year-on-year (YoY) rise in December, after a 2.8 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first growth in import prices after five months
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Budget starts 2025 strongly, registers 2-bln-euro surplus
EconomyMacroeconomyThe budget primary balance opened the new year with a surplus of 2 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. For January, the primary balance came in at 602 million euros above the target. Expenditure, excluding
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Trump trade war could take a toll on Greek economy
EconomyMacroeconomyof direct trade between the two countries. With the latest data up to November last year, Greek exports
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Mainstream parties lose steam as Mitsotakis accuses opposition of trying to topple government
PoliticsGreek Politicsitself in third place, with 7.6 pct in Alco poll and 9.6 in the GPO poll. Qualitative data from the polls
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Current account deficit widens to 15.13 bln in 2024
EconomyMacroeconomyGreece’s current account remained in deep deficit in December, widening to 3.6 billion, from 3.15 billion euros in November, Bank of Greece (BoG) data showed on Thursday. In December 2023, the balance showed a deficit of 2.92 billion euros. The Bank of Greece notes that this is mainly due
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Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
EconomyMacroeconomyGreece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 million euros recorded in December 2023. Receipts
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Jan primary surplus at 1.98 bln thanks to strong tax revenues and underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.98 billion euros in January, compared to a surplus of 2.28 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In January, the budget primary balance
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