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  1. Unemployment rate unchanged at 12.8 pct in Jan, employment rises by more than 300,000 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate stayed unchanged at 12.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year, the unemployment rate was 16.2 percent. The latest figure rem...

    6%

  2. Industrial turnover soars by 35.5 pct YoY in Jan, powered by petroleum products
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s industrial turnover remains in recovery mode, rising by 35.4 percent year-on-year (YoY) in January, after a 22.9 percent rise in December, according to data from the Hellenic Statistical Authority (ELSTAT) released on Monday. The index went int...

    6%

  3. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in Januar...

    6%

  4. Travel surplus of 60.8 mln in Jan substantially higher than a year earlier
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 60.8 million euros in the opening month of 2022, from 64 million euros in December, according to Bank of Greece (BoG) data released on Thursday. January’s balance was significantly higher than the 1.7 millio...

    6%

  5. Growth in retail sales loses steam as index shrinks by 0.2 pct MoM in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales slowed down the annual recovery in January, rising by 13.9 percent year-on-year (YoY), from an upwards revised 24 pct, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. It should be noted that Greece’s second lockdow...

    6%

  6. Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 2.12 billion euros in February, from 1.99 billion euros in January, Bank of Greece (BoG) data showed on Wednesday. In February 2021, the balance showed a deficit of 761.7 million euros, while in February ...

    6%

  7. Growth in building permits slows to 4.3 pct YoY in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The new year started with a slowdown in the growth of building permits in Greece, with total permits rising by 4.3 percent year-on-year (YoY) in January, after closing 2021 with a rise of 18.3 percent in December, according to the latest data released b...

    6%

  8. Trade deficit widens by 71.6 pct Jan-Apr, reaching total of 11.3 bln
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    The rise in Greece’s trade deficit accelerated in April, when it increased by 49.5 percent year-on-year (YoY), from 13.5 percent increase in March, according to data released by ELSTAT on Tuesday. The deficit came to 2.75 billion euros for the month. Im...

    6%

  9. Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece’s debt managers continue to take cautious steps in the sovereign bond market after having to readjust their borrowing strategy following the uncertainty caused by the Ukraine conflict and the turbulence in the markets, which pushed the 10-year be...

    6%

  10. Jan-May travel balance of 1.78 bln beats same period in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros r...

    6%