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  1. Energy pushes producer prices down by 2.4 pct YoY in Aug
    Image: https://www.flickr.com/photos/worldbank/

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) went back into contraction in August, dropping by 2.4 percent year-on-year (YoY), after a marginal rise of 0.1 percent in July, ELSTAT data showed on Monday. With the exception of last month’s first positive reading since February 2023, producer prices have been

    2%

  2. PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year

    EconomyMacroeconomy

    Greece’s Manufacturing PMI continued to moderate further in September, dropping to just a whisker above the growth threshold to 50.3 points, from 52.9 points in August, according to S&P Global data released on Tuesday. The conditions in the Greek manufacturing sector have been improving since

    2%

  3. Aug hiring balance improves annually, 8M up by 18,350 jobs
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance improved year-on-year in August, with 5,081 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year saw 15,826 more departures, leading to a year-on-year improvement of 10,745 more jobs

    2%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%