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Industrial production up by 14 pct YoY in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 14 percent year-on-year (YoY) in May..., after rising sharply by 12.9 points in May. Year-on-year, industry confidence has jumped by 21.1... in June reached 58.6 points, from 58 points in May, signalling the ongoing improvement in market
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CPI leaps by 11.3 pct in May as food and energy prices rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking rise in May, increasing by 11.3.... The prices index was in deflation for the 12 months prior to May 2021, when CPI posted a marginal.... In May, the annual CPI movement was led by a 12.1 percent increase in food and non-alcoholic beverages
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Budget primary balance to May beats target by wide margin, taxes continue to outperform
EconomyMacroeconomy. The budget balance up to May showed a deficit of 4.06 billion euros, from a 10.8-billion-euro deficit in May 2021. The overall balance is better than the target by 2.44 billion euros. Revenues Net revenues.... Tax refunds came to 2.18 billion euros, 574 million euros above target. Expenditure Up to May
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Industrial production on up again in May as manufacturing expansion triggers 3.2 pct rise
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) resumed its recovery in May, rising by 3.2 percent year...-on-month (MoM), the index recorded a rise of 2.4 percent in May, after a drop of 9.1 percent MoM in April..., from 5.8 points in May. Since July last year, industry confidence is down by 7.5 points. In addition
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Energy products drive import price to second highest ever growth of 37.3 pct in May
EconomyMacroeconomyGreece’s import price index grew at a solid pace in May, posting another rise of 37.7 percent year... of the index also accelerated to 28.6 percent, from 27.3 percent in the previous month. In May.... The latest producer price in industry for May shot up by 43 percent, although it had the first month
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Subdued start for building activity as permits record back-to-back drop in May
EconomyMacroeconomyThe decline in building permits slowed in May, falling by just 0.4 percent year-on-year (YoY), after a 10 percent decline in April, according to the latest data released by the Hellenic Statistical... and strictest lockdown. The total number of permits issued in May reached 2,220, from 2,229 in May 2021
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Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit of 1.49 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF... to May showed a deficit of 1.13 billion euros, from a 4.07-billion-euro deficit in May 2022
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Deposits rise by 794 mln in May, balance at 186.42 bln
EconomyMacroeconomyeuros in May, after a small drop of 15 million euros in April, based on the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in May was 3.3 percent year on year (YoY), from... in May stood at 186.42 billion euros, reflecting corporate deposits of 44.63 billion euros
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Building activity grows by 15.8 pct in May, up 11.5 pct in first five months
EconomyMacroeconomyBuilding permits recorded a decent movement in May, rising by 15.8 percent year-on-year (YoY... saw the first annual decline since July last year. The total number of permits issued in May reached 2,570, from 2,220 in May 2022. The corresponding surface area increased by 7.5 percent YoY, while
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Growth in vehicle registrations slows in May, up 7.7 pct in first five months
EconomyMacroeconomy(YoY) in May, after a strong 36.3 percent jump in April, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. In May 2023, licences had grown by 5.6 percent annually. Car sales in May came to 22,959 compared to 22,877 in 2023, an increase of just 0.4 percent. Passenger cars
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