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  1. CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 0.3 percent year-on-year (YoY) in April compared to a decline of 1.6 percent seen in March, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell b...

    8%

  2. Unemployment edges down to 16.3 pct in March as inactives approach 3.5 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 16.3 percent in March from a revised 16.6 percent in February, according to Hellenic Statistical Authority’s (ELSTAT) data released on Friday. The unemployment rate in March last year stood ...

    8%

  3. Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
    Photo via https://flic.kr/p/vtC3Ur

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 14.2 percent in July from 15 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the lowest the figure has been since November 2010. In the same month ...

    8%

  4. Greek bond yields edge up as PEPP winds down
    Photo by MacroPolis

    Economy

    The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely. This was always a largel...

    8%

  5. Wages index down by 1.9 pct in Q1, records back-to-back annual drops
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index stayed in negative territory in the first quarter of 2022, dropping by 1.9 percent year-on-year (YoY), after a revised drop of 1.5 percent in the last quarter of 2021, Hellenic Statistical Authority (ELSTAT)...

    8%

  6. Output and new orders drop to lowest since Mar 2021, forcing PMI down by 2.7 pts

    EconomyMacroeconomy

    Greece’s Manufacturing PMI dropped by 2.7 points in June to 51.1 points, according to S&P Global data released on Friday. June’s PMI captured only a marginal improvement in the operating conditions of the Greek manufacturing sector and the slowest in th...

    8%

  7. SYRIZA tries to pin Mitsotakis down over phonetapping
    Photo via www.syriza.gr

    PoliticsGreek Politics

    SYRIZA leader Alexis Tsipras accused Prime Minister Kyriakos Mitsotakis of running scared from the latest surveillance scandal allegations, while the New Democracy leader claims the opposition is trying to drag Greece into the mire ahead of next year’s ...

    8%

  8. Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion euros in October, according to Bank of Greece (BoG) data released on Monday. November’s balance was higher than the 154.8 million euros registered in 2021. It...

    8%

  9. Building activity down 15.2 pct in Feb for sharpest drop since 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    After a solid start for 2023, building permits recorded a contraction of 15.2 percent year-on-year (YoY) in February, after a rise of 22.1 percent in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. This is ...

    8%

  10. Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in April, landing at 11.2 percent, from an upwards revised 11.1 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In April last year, the unem...

    8%