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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) recorded its first contraction in months, dropping by 0.2 percent year-on-year in January following an upwards revised 8.4 rise in December, according to Hellenic Statistical Authority (ELSTAT) data released on...
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Growth in retail sales loses steam as index shrinks by 0.2 pct MoM in Jan
EconomyMacroeconomyGreece’s retail sales slowed down the annual recovery in January, rising by 13.9 percent year-on-year (YoY), from an upwards revised 24 pct, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. It should be noted that Greece’s second lockdow...
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Despite strong annual growth, flow of loans to enterprises in Aug at lowest since Jan
EconomyMacroeconomyCredit movement in the Greek private sector gathered more pace in August, rising by 5.8 percent year-on-year (YoY), from 5.5 percent year-on-year in July and 4.5 percent rise in June, Bank of Greece (BoG) figures released on Tuesday showed. The growth i...
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Credit growth slows to 5.3 pct in Oct amid first outflow since Jan
EconomyMacroeconomyCredit movement in the Greek private sector slightly slowed in October, rising by 5.3 percent year-on-year (YoY), from 6 percent in September, and 5.8 percent in August, Bank of Greece (BoG) figures released on Monday showed. The growth in credit expans...
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Greece, Current Account Deficit, Jan-Oct, 2003 - 2022
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Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
EconomyMacroeconomyGreece’s economic sentiment (ESI) showed more signs of recovery in January, rising by 1.4 points to 104.9, after a downward revised 2.1 points to 103.5 in December, according to European Commission figures released on Monday. By the start of 2022, econo...
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained broadly unchanged at the start of 2023, rising by 7 percent year-on-year in January, after increasing by 7.2 percent in December, according to the data released on Wednesday by the Hellenic Statistical Author...
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Producer prices slow further to 13.5 pct YoY in Jan, but rise MoM
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) continued to slow in January, when it rose by 13.5 percent year-on-year (YoY), following a 16.5 percent increase in December, ELSTAT data showed on Tuesday. The index was in negative territory for most of ...
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Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative
EconomyMacroeconomyCredit movement in the Greek private sector slightly decelerated in January but still recorded a solid rise of 5.7 percent year-on-year (YoY), from 6.3 percent in December, Bank of Greece (BoG) figures released on Tuesday showed. After a recent peak of ...
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Industrial production up by 0.5 pct in Jan, electricity supply drops
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) turned marginally positive in January, growing by 0.5 percent year-on-year (YoY), after falling by 1.4 percent in December, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. January’...
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