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Growth of industrial production moderates to 2 pct YoY in Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed in January with a 2 percent year-on-year (YoY) rise, after a 5.8 percent increase in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The index has been in annual growth continuously since March 2024
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyThe OECD published on Tuesday its latest economic outlook, which sees a stable growth path for Greece, broadly in line with the latest estimates by most organisations and the Greek authorities. GDP growth is projected to remain resilient at 2 pct in 2025 and 2.1 pct in 2026, supported by higher
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Rise in producer prices accelerates to 2 pct YoY in May for fifth straight increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) picked up pace in May, with a rise of 2 percent year-on-year (YoY), after an increase of 0.5 percent in April, ELSTAT data showed on Monday. This is the fifth consecutive positive reading after a period of contraction that started in March 2023. The index had
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Energy at forefront of 2 pct decline for industrial production in May
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period was broadly
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Our most popular stories in 2014
Agoraaverage is 50 percent. The lack of price adjustment compared to labour costs partly reflects higher.... The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth
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Internet usage high but unexploited by Greek enterprises
EconomyFeaturesof social media as a business tool, both via a user profile or business account appeared low at just 50... to 6.5 million euros, or under 3 percent of the overall turnover. EDI-type sales, or sales made via... of the method (EDI-type or other).
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economy. According to bank sources, the haircut applied on loans and GGBs currently stands at around 50... the breakdown of total collateral by type, the collateral poll is almost equally split between state... haircut since state guarantees make up 50 percent of total ELA-eligible collaterals. Consequently
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Hirings by Type of Employment
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Hirings by Type of Employment, Percent of Total
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