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Building permits jump by 62.9 pct in May, from year-earlier lockdown
EconomyMacroeconomyBuilding permits increased by 62.9 percent year-on-year (YoY) in May after an increase of 124.5 percent seen in April, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 2,222. In the same month of 2020, the country was still in its first
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Producer prices soar by 43 pct YoY in May, but see first monthly drop since Aug 2021
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) annual growth slowed down, although only marginally, with one more explosive rise in May, shooting up by 43 percent year-on-year (YoY), having jumped by 48.8 percent in April, ELSTAT data said on Thursday. The index was in negative territory for most
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Manufacturing remains in contraction for Oct as business optimism falls to lowest since May 2020
EconomyMacroeconomyfor the coming year fell to the lowest since May 2020, as energy price volatility and challenges
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Deposits reach highest since May 2011 with 2.23 bln rise in Sep
EconomyMacroeconomyis the highest since May 2011, despite the mixed picture in the last few months and the effects of the cost
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Producer prices down by 1.4 pct YoY in May, headed by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in May, dropping by 1.4 percent year-on-year (YoY), after falling by 1 percent in April, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative in March last year and has
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomyGreece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY), from a 9.2 percent decrease in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first positive reading after three consecutive months of decline
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Energy continues to drive rise in producer prices as May sees 13.5% YoY increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) accelerated further in May to 13.5 percent year-on-year (YoY), after a rise of 12.8 percent in the previous month, ELSTAT data showed on Tuesday. The index was in contraction for seven months in 2025, mostly in the second part of the year, with annual drops
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
EconomyMacroeconomyGreece’s industrial turnover recorded another sizable rise of 14.1 percent year-on-year (YoY) in May, from a jump of 23 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. On a rolling 12-month basis, the industrial turnover was up by 5.5 percent
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Optimism and concern for Tsipras after EU summit on migration
PoliticsForeign Policyrefugees and migrants are said to be currently located, the EU will concede too much ground to Ankara... the EU agreeing to “re-energise” Ankara’s accession talks, although there was no specific reference... in the Aegean, which is key to any plans Greece may have for exploring for hydrocarbons in the area
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