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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3 percent in December, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The January headline figure represents the second lowe...
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Travel Receipts by Country of Origin (Jan-Dec 2014-2016)
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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained at 95.1 in January, unchanged from the previous month, the European Commission (EC) figures revealed on Monday. This means that the headline figure stayed at its highest level since March 2015, when ESI stood a...
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Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. This is the first positive CPI reading since February 2013, with the domestic economy remai...
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Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln
EconomyMacroeconomyGreece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes modest arrears’ repayments of 41 million. The overall cash balance also ...
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017, broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin published on Friday. Preliminary figures were released on F...
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Current account deficit narrows to 271 mln in Jan
EconomyMacroeconomyGreece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomyGreece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday. At the same time, the corresponding payments rose by 15 percent to 149.5 million, leading travel surplus down by 60.6 percent ...
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Retail sales rebound 1.4 pct in Jan after brief fall in Dec
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...
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Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...
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