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  1. Subdued start for building activity as permits record back-to-back drop in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Commission’s latest business sentiment indicators for August showed that the construction

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  2. Despite another annual rise of 35.6 pct in Jul, producer prices fall for third straight month
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    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) annual growth slowed down further, still with another solid rise of 35.6 percent year-on-year (YoY) in July, after the 39.9 percent in June, ELSTAT data said on Tuesday. The index was in negative territory for most of 2020, and up until March 2021

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  3. July trade deficit of 3 bln takes total to 20.67 bln, up by 65.6 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The rise in Greece’s trade deficit slowed down in July, but still increased by a sizable 33.3 percent year-on-year, according to data released by ELSTAT on Wednesday. This came after a 42.7 percent jump in June. The deficit came to virtually 3 billion euros for July. Imports totalled 7.97 billion

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  4. Despite consecutive monthly drops, energy drives up Aug CPI by 11.4 pct
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    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained elevated in August, rising by 11.4 percent year-on-year, marginally slowing from the 11.6 percent in July, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period increased

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  5. Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate resumed a downward path in Q2 this year, falling to 12.4 percent, from 13.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate dropped by 3.4 percentage points (pps) from the Q2 2021 figure

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  6. Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    last year’s figure of 2.16 billion euros, and just 610.2 million euros of July 2020 when

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  7. PBO sees medium-term risks mounting, despite positive near-term outlook

    EconomyMacroeconomy

    is the prospect of political instability in the next elections could lead to uncertainty about the country’s

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  8. Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
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    EconomyMacroeconomy

    . The corporate lending balance’s net monthly flow was positive by 182 million euros, slowing down

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  9. Building permits turn positive in June, but rise for H1 settles at just 1.3 pct YoY

    EconomyMacroeconomy

    activity from the 26.6 percent growth during the whole of 2021. The European Commission’s latest

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  10. Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
    Image via www.viohalco.com

    EconomyMacroeconomy

    The pace of Greece’s Producer Price Index (PPI) annual growth accelerated once again, with another solid rise of 39.5 percent year-on-year in August, from 35.6 percent in July, ELSTAT data said on Friday. The index was in negative territory for most of 2020, and up until March 2021, when it grew

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