Search
-
Retail turnover falls by 2.3 pct in Jan
EconomyMacroeconomyGreece’s retail sales index declined by 2.3 percent in January after a downward revised fall of 0.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. January’s figure is the second consecutive negative reading. The aver...
6% -
Unemployment rate edged up again in Jan, reaching 18.5 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same month in 2018, the un...
6% -
Economic sentiment at 108.4 in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 1 point in January to reach 108.4 points, European Commission (EC) figures showed on Thursday. January's reading is 12.2 points below the series high of 120.6 noted in July 2000. Compared to January 2019, the ES...
6% -
PMI at 54.4 points in Jan as employment growth hits all-time high
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.4 points in January from 53.9 points in December, according to the latest data from Markit PMI. Markit noted that the headline figure marked the fastest overall improvement in the health of the Greek manufactur...
6% -
Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.6 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Thursday. This led the outstanding balance to stand at 153.43 billion from 154.19 billion in the previous month. The n...
6% -
Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI had dropped by 3.1 points to 110 in December Economic...
6% -
Car sales drop by 8.7 pct in Jan for first drop since Feb 2021
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time dropped by 8.7 percent year-on-year (YoY) in January, following a rise of 21.4 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In January 20...
6% -
CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up further pace in January, rising by 6.2 percent year-on-year (YoY), following a 5.1 percent increase in December, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Tues...
6% -
Central govt primary cash deficit narrows appreciably to 429 mln in Jan
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 429 million euros in January, from a deficit of 1.6 billion euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday. The overall cash deficit was 1.6...
6% -
Credit growth slows to 0.9 pct in Jan as loans to enterprises record highest net outflow since 2018
EconomyMacroeconomyCredit movement in the Greek private sector slowed to 0.9 percent year-on-year in January, from a rise of 1.4 percent in December and 1.1 percent in November, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has rem...
6%