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  1. PMI rises to 50 points in January on hopes of vaccine roll-out

    EconomyMacroeconomy

    Greece’s manufacturing PMI rose to 50.0 points in January from 46.9 points in December, according to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals unchanged operating conditions in the Greek manufacturing

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  2. Trade deficit falls 10.8 pct in December as exports rise slightly
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 10.8 percent year-on-year (YoY) in December compared to a drop of 18 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit came to 1.46 billion euros for the month. Imports totalled 4.44 billion euros

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  3. Building permits drop by 12.4 pct in Nov amid second lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 8.1 percent, and volume increased by 5.1 percent. Greece’s construction sector was damaged

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  4. Employment balance positive by 2,338 in January; big drop in both hirings and departures
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive with 2,338 more hirings than people leaving their jobs in January, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance improved by 19,656. Perhaps the most notable aspect of the data

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  5. New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros paid out of 2.75 billion euros due. For the ENFIA tax, December’s collectability rate

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  6. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    Greece’s second lockdown was introduced in November, retail sales were down 10.4 pct year-on-year

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  7. Economic sentiment rises to 91.9 points in February despite drop in consumer confidence
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 1.2 points month-on-month in February to reach 91.9 points, European Commission (EC) figures showed on Thursday. During the month, the Employment Expectations Indicator (EEI) for Greece came to 106.1 points compared to 105.1 points in the previous month

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  8. PMI dips to 49.4 points in February as cost burdens pile up

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped to 49.4 points in February from 50 points in January, according to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals worsening of operating conditions in the Greek manufacturing

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  9. Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to an average increase of 7.2 percent in 2019. The latest quarter’s increase marks 12

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  10. Trade deficit falls by 23.8 pct in January as EU imports drop 7 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 23.8 percent year-on-year (YoY) in January compared to a drop of 10.8 percent in December, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit came to 1.44 billion euros for the month. Imports totalled 3.95 billion euros

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