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Jan current account in surplus, trade balance worsens as exports drop again
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.7 billion euros in January, from a deficit of 2.25 billion euros in December, Bank of Greece (BoG) data showed on Friday. In January 2023, the balance showed a deficit of 161.5 million euros. The Bank of ...
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Import price drop slows further to 2.8 pct in Feb
EconomyMacroeconomyGreece’s import price index remained in contraction in February, falling by 2.8 percent year-on-year (YoY), after dropping by 6.4 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The consecutive ne...
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) was essentially unchanged in April, with a rise of 3.1 percent year-on-year (YoY), after an increase of 3.2 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authori...
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Producer prices drop 1 pct in Apr, in contraction for over one year
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in April, dropping by 1 percent year-on-year (YoY), after falling by 0.1 percent in March, ELSTAT data showed on Thursday. The index has been in contraction since March last year, although some...
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in June, dropping by 0.7 percent year-on-year (YoY), after falling by 1.4 percent in May, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, befo...
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomyGreece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year (YoY), after a 4.4 percent rise in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than ...
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Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
EconomyMacroeconomyGreece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this...
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Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
EconomyMacroeconomyThere was an acceleration in the decline of Greece’s industrial turnover in September, dropping by 7.9 percent year-on-year (YoY) from a 4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday...
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Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in October, dropping by 2.3 percent year-on-year (YoY), after a decline of 4.5 percent in September, ELSTAT data showed on Wednesday. With the exception of July this year, which provided the fi...
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Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in November, although it moderated to 1.2 percent year-on-year (YoY), after a decline of 2.3 percent in October, ELSTAT data showed on Monday. July this year provided the first positive reading...
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