Search
-
Manufacturing and electricity supply help keep industrial production buoyant in Sep
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 9.7 percent year-on-year (YoY) in September, from a downward revised 10 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. IPI has been on the mend since November last ...
14% -
Sharp rise in employed as unemployment falls to 13 pct in Sep, lowest since Aug 2010
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate dropped to 13 percent in September, from 13.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In the same month last year, the unemployment rate was 16.5 percent. G...
14% -
Current account balance improves YoY in Sep thanks to a jump in services, led by travel
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 176.7 million euros, from a surplus of 1.41 billion euros in August, Bank of Greece (BoG) data showed on Friday. In September 2020, the balance showed a deficit of 446.3 million euros, while in September ...
14% -
Industrial turnover continues recovery with 39.6 pct rise in Sep, led by sales abroad
EconomyMacroeconomyGreece’s industrial turnover continued its remarkable recovery, jumping by 39.6 percent year-on-year (YoY) in September, from a 31.6 percent rise in August, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The index...
14% -
Travel receipts of 2.18 bln in Sep as arrivals pick up and spending per trip increases
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.06 billion euros in September, from 815.6 million euros a year ago, according to Bank of Greece (BoG) data released on Monday. Although the performance more than doubled, the balance is well below the 2.67...
14% -
Retail sales rise by 13 pct in Sep as fuel has notable impact
EconomyMacroeconomyGreece’s retail sales picked up pace again in September, rising by 13 percent year-on-year (YoY) from a downward revised increase of 7.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. Retail sales have been growing co...
14% -
Building activity up by 11.2 pct in Sep as steady rise continues
EconomyMacroeconomyThe number of building permits issued in Greece continued its rise in September, increasing by 11.2 percent year-on-year to 1,982, after a rise of 12.7 percent seen in August, according to Hellenic Statistical Authority (ELSTAT) data released on Monday....
14% -
Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expans...
14% -
Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year (YoY), from 11.4 percent in August, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolli...
14% -
Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln
EconomyMacroeconomyThe budget primary balance up to September 2022 came to a small surplus of 37 million euros, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on ...
14%