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  1. Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
    Photo via https://flic.kr/p/5Wq2VT

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had

    2%

  2. PMI remains in expansion at 53.1 in June, though firms see export and cost challenges
    Photo via https://flic.kr/p/29HRurs

    EconomyMacroeconomy

    Greece’s Manufacturing PMI was again virtually unchanged in June at 53.1 points, from 53.2 in the previous month, according to S&P Global data released on Tuesday. The manufacturing sector continued to expand in June mostly thanks to domestic business, as new export orders fell at a slightly faster

    2%

  3. Waiters and chefs lead May hiring balance to highest on record
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was strong as is usually the trend in May with 137,841 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year was also strong, with 126,660 more hires. This led to a year-on-year rise

    2%

  4. Newsletter 469 - 04/07/2025

    Newsletters

    a rise of 1 pct. Pharmaceuticals increased by 14.3 pct YoY. The data has a strong seasonal

    2%

  5. CPI captures rise in housing costs with 7.2 pct YoY increase, headline up 2.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) picked up further pace in June with a rise of 2.8 percent year-on-year (YoY), from 2.5 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period

    2%

  6. Car sales rise by 6 pct YoY in Jun, up 3.1 pct in first half of year

    EconomyMacroeconomy

    Vehicles going into circulation for the first time rose by 13.4 percent year-on-year (YoY) in June, after an increase of 16.3 percent in May, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In June 2024, licences had increased by 3.6 percent annually. Car sales in June

    2%

  7. Energy drives drop of 4.2 pct YoY in import prices drop for June

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for nine

    2%

  8. Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance produced a surplus of 4.67 billion euros up to June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Tuesday. The primary balance came in at 2.43 billion euros above the target. Expenditure, excluding interest payments

    2%

  9. Firefighting capabilities beefed up as blazes and water shortages weigh on government

    PoliticsGreek Politics

    burnt by this time of year. However, EFFIS data for the 2006 to 2024 period indicates

    2%

  10. Significantly improved oil balance pushes current account to 196.5 mln surplus in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s current account recorded a surplus of 196.5 million euros in May, from a deficit of 2.11 billion euros in April, Bank of Greece (BoG) data released on Monday showed. In May 2024, the balance showed a deficit of 2.32 billion euros. The Bank of Greece notes that this is mainly in the balance

    2%