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  1. Car market starts year on the up, with 6.7 pct rise in Jan

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time opened the new year with a growth rate of 8.6 percent year-on-year (YoY) in January, after a 24.8 percent rise in December, according to Hellenic Statistical Authority (ELSTAT) data released ...

    3%

  2. CPI at 3.1 pct in Jan, foods up by 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in Greece’s Consumer Price Index (CPI) slowed down marginally in January, when there was a rise of 3.1 pct increase year-on-year (YoY), after an increase of 3.5 pct in December, according to the data released on Thursday by the Hellenic Stati...

    3%

  3. Jan sees sharp drop of 5.24 bln in deposits, led by corporations
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system contracted significantly in January with a drop of 5.24 billion euros, after a 6.38 billion euros jump in December, based on the latest Bank of Greece (BoG) figures released on Tuesday. The ann...

    3%

  4. Credit expansion slows in Jan with 2.73 bln outflow
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The credit expansion in the Greek private sector slightly slowed in January, rising by 3 percent year-on-year (YoY), up from 3.6 percent in December, Bank of Greece (BoG) figures released on Tuesday showed. At 6.3 percent, last December’s growth was the...

    3%

  5. Producer prices drop for 11 months straight, down 6.6 pct in Jan

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for eleven successive months in January, dropping by 7 percent year-on-year (YoY), after falling by 6.6 percent in December, ELSTAT data showed on Thursday. The index had been growing over a two-year period...

    3%

  6. Unemployment rate climbs back above 10 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate stayed above 10 percent in January, landing at 10.4 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. December’s unemployment rate was an upwards revised 10.4 percent, from 9.2 pe...

    3%

  7. Catering and retail contribute to worst employment balance on record in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s employment balance was negative in January, with 31,977 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in January last year saw 27,611 more departures, a year-on-year deter...

    3%

  8. Trade deficit rises by 2.7 pct in Jan, as exports continue to fall sharply
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a rise of 2.7 percent year-on-year (YoY) in January, after a decline of 11.3 percent in December, according to data released by ELSTAT on Friday. The deficit came to 2.54 billion euros for January. Imports totalled 6.55 b...

    3%

  9. Industrial production grows by 10.3 pct in Jan, boosted by electricity supply
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) accelerated further in January, growing by 10.3 percent year-on-year (YoY), after a 4.5-percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. After th...

    3%

  10. Import prices reach one year of contraction with 6.4 pct drop in Jan

    EconomyMacroeconomy

    Greece’s import price index stayed in contraction in January, falling by 6.4 percent year-on-year (YoY), after dropping by 8.7 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. The consecutive ne...

    3%