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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in June, dropping by 0.7 percent year-on-year (YoY), after falling by 1.4 percent in May, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, befo...
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Import prices drop by 1.6 pct YoY in Jul due to energy, as all other categories rise
EconomyMacroeconomyGreece’s import price index turned into contraction in July, dropping by 1.6 percent year-on-year (YoY), after a 4.4 percent rise in June, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than ...
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Current account surplus at 651.3 mln in Aug, travel receipts drop again YoY
EconomyMacroeconomyGreece’s current account was in a 651.3-million-euro surplus in August, from 246.2 million euros in July, Bank of Greece (BoG) data showed on Monday. In August 2023, the balance showed a surplus of 611.8 million euros. The Bank of Greece notes that this...
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Drop in industrial turnover accelerates to 7.9 pct YoY in Sep as manufacturing falls sharply
EconomyMacroeconomyThere was an acceleration in the decline of Greece’s industrial turnover in September, dropping by 7.9 percent year-on-year (YoY) from a 4 percent decrease in August, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday...
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Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in October, dropping by 2.3 percent year-on-year (YoY), after a decline of 4.5 percent in September, ELSTAT data showed on Wednesday. With the exception of July this year, which provided the fi...
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Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in November, although it moderated to 1.2 percent year-on-year (YoY), after a decline of 2.3 percent in October, ELSTAT data showed on Monday. July this year provided the first positive reading...
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Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop
EconomyMacroeconomyGreece’s industrial turnover resumed contraction in November, dropping by 5 percent year-on-year (YoY), from a 1.1 percent increase in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday. On a rolling 12-month ba...
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Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in December, although it moderated further to 0.8 percent year-on-year (YoY), after a decline of 1.2 percent in November, ELSTAT data showed on Thursday. July this year provided the first posit...
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Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
EconomyMacroeconomyGreece’s industrial turnover dropped sharply in March, with a decline of 5.1 percent year-on-year (YoY), from a marginal 0.3 percent decrease in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. On a rolling...
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Consumer confidence rises sharply by 4 points in May, other components drop
EconomyMacroeconomyGreece’s economic sentiment (ESI) was broadly stable in May at 107 points, from 107.4 in the previous month, according to European Commission figures released on Tuesday. Over the rolling 12-month period, May’s ESI is down roughly 3 points from June 202...
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