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Small gains for building activity in Dec, up 7.1 pct in full 2023
EconomyMacroeconomywith 6,035. The European Commission’s latest business sentiment indicators for March showed
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Producer prices continue to slide, down by 4.3 pct YoY in Feb
EconomyMacroeconomyGreece’s Producer Price Index (PPI) completed a full year of contraction in February, dropping by 4.3 percent year-on-year (YoY), after falling by 7 percent in January, ELSTAT data showed on Friday. The index had been growing over a two-year period since March 2021, before it turned negative
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Manufacturing makes fastest improvement for two years in March as PMI reaches 56.9 pts
EconomyMacroeconomyGreece’s Manufacturing PMI continued its expansion in March, rising to 56.9 points from 55.7 points in February, according to S&P Global data released on Monday. The conditions in the Greek manufacturing sector have been improving for over a year, with March signalling the fastest improvement
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Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty
Societyrespectively, while Estonia matches Greece’s also with 31.8, sharing the third spot. The ratio
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Trade deficit soars 34 pct YoY in Feb to over 3bln
EconomyMacroeconomyGreece’s trade deficit recorded a sharp rise of 34 percent year-on-year (YoY) in January, after a rise of 2.7 percent in January, according to data released by ELSTAT on Friday. The deficit came to 3.03 billion euros for February. Imports totalled almost 7 billion euros, rising by 3.7 percent YoY
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Building permits start year strongly with 15.1 pct rise in Jan
EconomyMacroeconomypercent growth and 1,931 permits, most permits were in Attica with 6,035. The European Commission’s
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As base effect wears off, producer prices fall by just 0.1 pct in Mar
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded only a marginal contraction in March, dropping by 0.1 percent year-on-year (YoY), after falling by 4.3 percent in February, ELSTAT data showed on Tuesday. The index had been growing over a two-year period since March 2021, before it turned negative
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Manufacturing continues to expand in April, firms remain optimistic
EconomyMacroeconomyGreece’s Manufacturing PMI remained in expansion in April, though it dropped to 55.2 points from 56.9 points in March, according to S&P Global data released on Wednesday. The conditions in the Greek manufacturing sector have been improving for more than a year. Although this is the lowest print
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Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 7 percent year-on-year (YoY) in March, after a sharp rise of 34 percent year-on-year (YoY) in February, according to data released by ELSTAT on Friday. The deficit came to 2.41 billion euros for March. Imports totalled 6.69 billion euros, dropping by 10.1
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CPI at 3.1 pct in Apr as food inflation refuses to drop
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) was essentially unchanged in April, with a rise of 3.1 percent year-on-year (YoY), after an increase of 3.2 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling
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