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  1. Unemployment drops marginally to 10.8 pct in Q3
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted quarterly unemployment rate moved only marginally in Q3 this year, dropping to 10.8 percent from 11.2 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate in the third quarter of 2022 was 11.6 percent

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  2. Building activity returns to growth in Sep, up 9 pct in 9M
    Image: MacroPolis

    EconomyMacroeconomy

    and 1,380 permits, most permits were in Attica with 4,343. The European Commission’s latest business

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  3. Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the ninth successive month in November, dropping by 8.9 percent year-on-year (YoY), after falling sharply by 13.5 percent in October, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned

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  4. Trade deficit narrows further in Nov, at 28.46 bln in 11M
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 28.6 percent year-on-year (YoY) in November, after a decline of 32 percent in October, according to data released by ELSTAT on Tuesday. The deficit came to 2.66 billion euros for November. Imports totalled 6.95 billion euros, dropping by 19.3 percent YoY

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  5. Key factors in cost-of-living crisis not kept in check
    Image: MacroPolis

    Agora

    choices. As energy prices started to moderate at the end of 2022 and for most of 2023, Greece’s headline

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  6. IMF approves Article IV consultation, growth seen resilient
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The International Monetary Fund (IMF) board approved on Wednesday the Article IV consultation for Greece by endorsing the staff appraisal published mid-November following a mission. The Fund’s board notes the robust economic recovery post-pandemic, with 2.3 pct growth in 2023 and 2.1 pct expected

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  7. Building permits pick up pace in Oct with 8.7 pct growth
    Image: MacroPolis

    EconomyMacroeconomy

    growth and 1,560 permits, most permits were in Attica with 4,979. The European Commission’s latest

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  8. Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before

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  9. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    Greece’s Manufacturing PMI recorded solid gains in January, rising to 54.7 points from 51.3 points in December, according to S&P Global data released on Thursday. The conditions in the Greek manufacturing sector have been improving for one year, gaining more ground into the expansion territory

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  10. Trade deficit drops by 20 pct in 2023 despite contraction of exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit recorded a drop of 11.3 percent year-on-year (YoY) in December, after a decline of 28.6 percent in November, according to data released by ELSTAT on Wednesday. The deficit came to 2.61 billion euros for December. Imports totalled 6.31 billion euros, dropping by 17.7 percent

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