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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomyThe decline in the Greek Consumer Price Index (CPI) slowed down for the third successive month to -0.3 percent in August from -0.7 percent in July, according to the Hellenic Statistical Authority (ELSTAT). The August figure indicates the slowest decreas...
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other eurozone countries, according to a recent report by Credit Suisse. According to the Global Wealth Report published earlier this month, Greece ranks as havi...
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Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate
EconomyMacroeconomyGreece’s new unpaid taxes eased to 1.16 billion euros in February from 1.32 billion in January, according to data released by the General Secretariat of Information Systems (GSIS). GSIS published the evolution of this year’s tax arrears for the first ti...
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Industrial production up again in April but at slower rate of 0.4 pct
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased for the third straight month in April, albeit at a decelerating pace of 0.4 percent in April after an upward revised 5.3 percent of growth in March, according to the Hellenic Statistical Authority (EL...
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyGreek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011. The monthly loan flow remained negative for the thir...
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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG). The Q2 headline figure is the 2...
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Poverty risk rate in Greece hits high of 36 pct in 2014
SocietyThe percentage of Greece’s population at risk of poverty or social exclusion in 2014 reached a record high of 36 percent, marking the highest increase in the entire EU since 2008, data released by the EU’s statistical arm on Friday showed. Annual Eurost...
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Real Unemployment Rate
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Greek Households Saving Rate, Percent
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Labour Force Survey, Annual, Seasonally Adjusted, Unemployment Rate
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