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Economic sentiment posts modest drop in Mar, consumer confidence recovers strongly
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a modest drop in March, falling by 0.8 points to 106.8..., marginally down from the 97.7 achieved in the previous month. The euro area’s ESI was 99.3 points, also down from the 99.6 of February. March’s consumer confidence was significantly improved from
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Retail turnover grows by 10.8 pct in Jan, volumes of food and fuel sales drop
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in January, rising by 10.8 percent year-on-year... dropping by 1.3 percent in the previous month. The volume’s monthly movement was up by 0.7 percent... trade was unchanged in March at 23.5 points. up 24.8 points from April last year. Overall, Greece’s
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Unemployment increases to 11.4 pct in Feb, inactive population rises
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate moved up in February, rising to 11.4 percent, from a downward revised 10.3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed... percent. The latest available data from the Labour Ministry’s Ergani database showed that Greece’s
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Industrial production growth accelerates to 5.2 pct in Feb, electricity supply contracts again
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) picked up strength in February, rising by 5.2 percent... to the European Commission’s latest business surveys for March, industry confidence stayed positive... year, industry confidence is down by 1.1 points. In addition, Greece’s Manufacturing PMI remained
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Import prices turn negative in Feb for first time in two years
EconomyMacroeconomyGreece’s import price index went in contraction in February, dropping by 5.6 percent year-on-year... month. The index has now four consecutive monthly contractions. The index’s 12-month rolling... by 0.7 percent. The pace of Greece’s Consumer Price Index (CPI) dropped further in March, rising by 4.6
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Industrial turnover growth slows to 6.7 pct in Feb
EconomyMacroeconomyGreece’s industrial turnover remained in growth territory in February, growing by 6.7 percent year... by 2.3 percent. Greece’s Manufacturing PMI remained in expansion territory in March, rising to 52.8... of growth since May 2022. Meanwhile, from the European Commission’s business indicators, industry
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Economic sentiment improves by almost 2 pts in Apr, consumer confidence dips
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded an improvement in April, rising by 1.8 points to 108.8, after falling by 0.9 points in March, according to European Commission figures released on Thursday... month. The euro area’s ESI was 99.3 points, also virtually unchanged. April’s consumer confidence
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Retail index continues to rise in Mar, but food sales volume stagnant
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year... percent in the previous month. The volume’s monthly movement was up by 1.6 percent. Compared... from May last year. Overall, Greece’s economic sentiment (ESI) recorded an improvement in April
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March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was marginally lower in March, edging down to 10.9 percent, after rising to 11.3 percent in February, Hellenic Statistical Authority (ELSTAT) data... data from the Labour Ministry’s Ergani database showed that Greece’s employment balance in March
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Mitsotakis pledges more benefits in bid to tap SYRIZA strongholds
PoliticsGreek Politicspush up the average monthly wage in Greece to 1,500 by the end of New Democracy’s second term.... According to a recent ProRata survey, SYRIZA’s support in the 17-34 age group stands at 33 pct... to drum up business for insurance companies. In the eyes of ND’s rival, it is simply another effort
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