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  1. Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
    Athens Airport

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 26.3 million euros in January, from 71 million euros in December, according to Bank of Greece (BoG) data released on Tuesday. January’s balance was 40.2 percent lower from the 44 million euros registered in ...

    4%
  2. Retail turnover grows by 10.8 pct in Jan, volumes of food and fuel sales drop
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace in January, rising by 10.8 percent year-on-year, after an 8.8 percent increase in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index rose by just 1.4...

    4%
  3. Manufacturing continues to grow in April, sector sentiment highest since Jan 2022

    EconomyMacroeconomy

    Greece’s Manufacturing PMI continued its expansion trend in April, falling marginally to 52.4 points, from 52.8 points in March, according to S&P Global data released on Tuesday. This is the third month that the conditions in the Greek manufacturing sec...

    4%
  4. Economic sentiment up in Jan, consumer confidence plunges by 6 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) experienced a solid recovery in January, rising by 1.4 points to 107.2, after an increase of 0.4 points in December, according to European Commission figures released on Tuesday. This is the highest sentiment reading si...

    4%
  5. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded solid gains in January, rising to 54.7 points from 51.3 points in December, according to S&P Global data released on Thursday. The conditions in the Greek manufacturing sector have been improving for one year, gaining...

    4%
  6. Car market starts year on the up, with 6.7 pct rise in Jan

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time opened the new year with a growth rate of 8.6 percent year-on-year (YoY) in January, after a 24.8 percent rise in December, according to Hellenic Statistical Authority (ELSTAT) data released ...

    4%
  7. CPI at 3.1 pct in Jan, foods up by 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) slowed down marginally in January, when there was a rise of 3.1 pct increase year-on-year (YoY), after an increase of 3.5 pct in December, according to the data released on Thursday by the Hellenic Stati...

    4%
  8. Jan sees sharp drop of 5.24 bln in deposits, led by corporations
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest Bank of Greece (BoG) figures released on Tuesday. The ann...

    4%
  9. Credit expansion slows in Jan with 2.73 bln outflow
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The credit expansion in the Greek private sector slightly slowed in January, rising by 3 percent year-on-year (YoY), up from 3.6 percent in December, Bank of Greece (BoG) figures released on Tuesday showed. At 6.3 percent, last December’s growth was the...

    4%
  10. Producer prices drop for 11 months straight, down 6.6 pct in Jan

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for eleven successive months in January, dropping by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed on Thursday. The index had been growing over a two-year period...

    4%