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Building permits leap by 42.9 pct in Nov, taking year-to-date rise to 27.5 pct
EconomyMacroeconomyThe number of building permits issued in Greece continued rising in November, increasing by a solid 42.9 percent year-on-year (YoY), from 18.4 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The total number of permits was 2,310, from 1,617 in November 2020
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DBRS moves Greece a notch closer to investment grade as Moody's holds off
Economyprogress in restoring its balance sheet to good health through the solid reduction in the stock
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Producer prices triple YoY and increase by 4.9 pct MoM
EconomyMacroeconomyGreece’s Producer Price Index (PPI) continued its meteoric rise in February, when it jumped by 33.6 percent year-on-year (YoY), after another solid increase of 31.6 percent in January, ELSTAT data said on Wednesday. The index was in negative territory for most of 2020 and up until March 2021, when
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IMF urges caution on public finances
Economy. Despite the challenges created by the war in Ukraine, growth this year is still expected to be solid
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Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip
EconomyMacroeconomypercent, after a drop of 11.1 percent in January. The annual movement in the index was led by a solid
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Energy products lead rise as import price index escalates by 27.2 pct in Feb
EconomyMacroeconomyGreece’s import price index posted another solid rise of 27.2 percent year-on-year (YoY) in February, after shooting up by 31.8 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. Month-on-month, the index also increased by 2.7 percent, after
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Industrial turnover recovery continues at pace, with 33.8 pct rise in Feb
EconomyMacroeconomyGreece’s industrial turnover stayed on a solid recovery path in February, rising by 33.8 percent year-on-year (YoY), from an upwards revised 36 percent in January, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday. The index went into contraction in February 2020
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Marginal growth for PMI in April as headwinds intensify
EconomyMacroeconomyGreece’s Manufacturing PMI rose marginally to 54.8 points in April, from 54.6 points in March, according to S&P Global data released on Tuesday. The data points to the second slowest rise in a year, however, still signalling solid improvement in the conditions in the Greek manufacturing sector
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Import price index rise of 34.6 pct in Mar highest since inflation rise began
EconomyMacroeconomyGreece’s import price index accelerated further in March, posting another solid rise of 34.6 percent year-on-year (YoY), from 27.2 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the highest annual growth during the inflation wave
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Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
EconomyMacroeconomy, the full recovery of tourism will offset this impact, leading to more subdued but solid growth in 2022
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