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  1. Inflation up to 2.7 pct in July as housing costs keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) picked up pace in July with a rise of 2.7 percent year-on-year (YoY), after an increase of 2.3 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling

    2%

  2. Used passenger vehicles boost car sales in July for 13.8 pct rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 13.8 percent year-on-year (YoY) in July, after a rise of 3.6 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In July 2023, licences had grown by 9.2 percent annually. Car sales

    2%

  3. Opposition slams PM's positive assessment of Athens wildfire response
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    by Civil Protection”. Data presented to the meeting is reported to include the statement that under

    2%

  4. Energy leads import price jump of 4.4 pct YoY in June
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index recorded more than one year of consecutive negative readings

    2%

  5. Primary balance 4 bln above target in Jul due to underspend and tax performance
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. During the first seven months, the primary balance outperformed by over 4 billion euros above the target. Expenditure

    2%

  6. PM banks on restoration and compensation healing Attica fire wounds

    PoliticsGreek Politics

    and firefighting. Data indicates that just 5.3 million euros from some 550 million available has been absorbed

    2%

  7. Current account balance turns positive in June thanks to improved services surplus
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s current account turned to a 270 million surplus in June, from 2.35 billion euros in May, Bank of Greece (BoG) data showed on Tuesday. In June 2023, the balance showed a deficit of 731.5 million euros. The Bank of Greece notes that this is mainly due to an improvement in the primary income

    2%

  8. Tourist arrivals up by 15.5 pct in H1, average spend down by 3.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 2.86 billion euros in June, compared to 1.65 billion euros in May, according to data released by the Bank of Greece (BoG) on Wednesday. June's balance was 6.8 percent higher than the 2.68 billion euros recorded in June 2023. In June 2022, the balance

    2%

  9. Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Up to July, the budget primary balance

    2%

  10. Building activity's upward course halts in May with 19.6 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    The strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent year-on-year (YoY), after a rise of 40.1 percent in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday. The total number of permits issued in May reached

    2%