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Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct
EconomyMacroeconomyGreece’s industrial turnover resumed growth in December, rising by 5.7 percent year-on-year (YoY), from a 5.1 percent decrease in November, according to data released by the Hellenic Statistical... 53.2 points in December, according to S&P Global data. S&P says that the latest data signals a modest
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Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
EconomyMacroeconomyof 1.1 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Monday.... Pharmaceuticals increased by 14.3 percent YoY. The data has a strong seasonal component as orthodox... that had been reflected in volume data dissipated, although they still capture some signs of the impact
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomygrowth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... monthly movement was down by 2 percent. As we noted last month, the data has a strong seasonal component... been reflected in volume data dissipated, although they still capture some signs of the impact
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
EconomyMacroeconomyGreece’s industrial turnover was virtually unchanged in June, with a rise of 0.1 percent year-on-year (YoY), from a 2.4 percent increase in May, according to data released by the Hellenic Statistical..., according to S&P Global data. The latest data reflects a downturn in growth seen in softer expansions
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomydecline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday... was up by 2.2 percent. As we noted, last month’s data had a strong seasonal component since orthodox... in volume data dissipated, although they still capture signs of the impact of prices, with fuels down by 1
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Access to housing market slipping away for young Greeks
Societya significant role in economic activity. Based on the latest data, Airbnb-type properties now offer... on full data from the 2021 census, the market is short of 180,000 properties, due to significant... and utilities. Kathimerini reported on Wednesday that data from property analytics company BluePeak
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Housing costs, food prices set limits to impact of tax cuts
Economyare crashing against the realities on the ground as reflected in the frequent data releases from Eurostat... costs like utilities are far from moderating. Data from property analytics company BluePeak Estate... of latest data highlights the size of the task ahead for the government and backs the sentiment
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
EconomyMacroeconomyGreece’s manufacturing PMI dropped significantly in September to 52 points, from 54.5 points in the previous month, S&P Global data showed on Wednesday. The latest data indicates a modest upturn... according to PMI data, with S&P Global Market Intelligence's current forecast also indicating that Greek
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Newsletter 478 - 03/10/2025
Golden Visa rushThe latest data from the Bank of Greece (BoG) on non-residents investments in real... contributing to the housing crisis which the government is now trying to tackle. Data for Q2... the previous high of 2008. Commenting on the latest data, market insiders argue that the Greek
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Falling property FDI raises questions about housing market after Golden Visa rush
EconomyMacroeconomyThe latest data from the Bank of Greece (BoG) on non-residents investments in real estate... to the housing crisis which the government is now trying to tackle. Data for Q2 this year showed... high of 2008. Commenting on the latest data, market insiders argue that the Greek property market
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