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Credit expansion picks up pace in Jan with 10 pct YoY rise
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by ...
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Producer prices record first rise since Jul with 0.3 pct YoY increase in Jan
EconomyMacroeconomyGreece’s Producer Price Index (PPI) started the year in marginal growth, with a rise of 0.3 percent year-on-year (YoY), after a decline of 0.8 percent in December, ELSTAT data showed on Friday. This is the first positive reading since July 2024 and a co...
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Sharp drop in Jan unemployed leads to lowest rate since Dec 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.7 percent in January, from 9.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In January last year, the unemployment rate was 11.7 percen...
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Negative hiring balance in Jan, but figures improve YoY
EconomyMacroeconomyGreece’s employment balance started the new year with a negative balance, as there were 15,450 more departures than hires in January, according to data from the Labour Ministry’s Ergani information system. The hiring balance in January last year was neg...
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Jan trade deficit at 2.81 bln after rising by 8.5 pct YoY
EconomyMacroeconomyGreece’s trade deficit rose by 8.5 percent year-on-year (YoY) at the start of 2025, after a drop of 9 percent in December, according to data released by ELSTAT on Monday. The deficit came to 2.81 billion euros for January. Imports totalled 6.91 billion ...
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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in January with a 2 percent year-on-year (YoY) rise, after a 5.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has been i...
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Import prices rise by 0.1 pct YoY in Jan, led by energy and non-durables
EconomyMacroeconomyGreece’s import price index started the new year virtually unchanged, with a 0.1 percent year-on-year (YoY) rise increase in January, after a 0.6 percent rise in the previous month, according to data released by the Hellenic Statistical Authority (ELSTA...
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Industrial turnover growth slows to 2.2 pct YoY in Jan with modest manufacturing gains
EconomyMacroeconomyGreece’s industrial turnover growth slowed in January, rising by 2.2 percent year-on-year (YoY), from a 5.7 percent increase in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. On a rolling 12-month basis,...
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Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
EconomyMacroeconomyGreece’s current account was in surplus in January of 1.02 billion, from a deficit of 3.6 billion euros in December, Bank of Greece (BoG) data showed on Monday. In January 2024, the balance showed a surplus of 1.8 billion euros. The Bank of Greece notes...
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Jan travel balance at 87.5 mln as 30 pct rise in payments offsets receipts increase
EconomyMacroeconomyGreece's travel balance recorded a surplus of 87.5 million euros in January, compared to 149.9 million euros in December, according to data released by the Bank of Greece (BoG) on Wednesday. The January balance was 24.5 percent lower than the 115.9 mill...
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