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  1. Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    Greece’s industrial turnover remained strong in January, rising by 17.7 percent year-on-year (YoY), from 16.6 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. However, the index has been posting m...

    4%
  2. Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit opened 2023 with a narrow current account deficit of 125.2 million euros, from 2.66 billion euros in December, Bank of Greece (BoG) data showed on Thursday. In January 2022, the balance showed a deficit of 2.12 billion euros, wh...

    4%
  3. 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%
  4. 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%
  5. 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%
  6. 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%
  7. 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%
  8. 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%
  9. 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%
  10. Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
    Image: MacroPolis

    EconomyMacroeconomy

    The budget primary balance started the new year strongly with a surplus of 2.12 billion euros in January, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Thursday. In January, the primary balance outperformed...

    4%