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Retail sales back in contraction for Jan, as volumes fall by 8.9 pct
EconomyMacroeconomyGreece’s retail sales went into contraction in January, with a drop of 2.3 percent year-on-year (YoY), after upwards revised growth of 7.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index recorded a sharp decline of 8.9 percent YoY
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PM attempts to regroup, shift focus after testing week over Tempe crash
PoliticsGreek Politicsin Greece to reach 1,500 euros. Data published last week by Eurostat showed that in terms of per
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Manufacturing makes fastest improvement for two years in March as PMI reaches 56.9 pts
EconomyMacroeconomyGreece’s Manufacturing PMI continued its expansion in March, rising to 56.9 points from 55.7 points in February, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving for over a year, with March signalling the fastest improvement
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Hotel and restaurant jobs keep hiring balance positive in Feb
EconomyMacroeconomyGreece’s employment balance was positive in February, with 24,543 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in February last year saw 23,186 more hires, a year-on-year improvement of 1,357 jobs. Total hirings in February
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Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty
Societysignificantly since 2015, from 8,682 euros annually to 11,546 euros in the latest survey. The latest data
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Mitsotakis limps into party conference looking to rally ND for EP elections
PoliticsGreek Politicslead over its rivals is still significant, a closer look at the polling data shows that support
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CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) increased marginally in March, with a rise of 3.2 percent year-on-year (YoY), after an increase of 2.9 percent in February, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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Kasselakis launches EP election campaign with all-out attack on Mitsotakis and ND
PoliticsGreek Politicsof voter data to an ND candidate, and economic figures which he said called into question the government’s
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed down significantly in February, growing by 1.6 percent year-on-year (YoY), after a solid 10.2 percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. After three consecutive drops
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Car sales contract in March, up 4 pct YoY in Q1
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time contracted by 9.2 percent year-on-year (YoY) in March, after a strong growth rate of 21.2 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. In March 2023, licences had jumped by 31.3
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