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ELSTAT
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EconomyMacroeconomy
Producer prices continue to slide, down by 4.3 pct YoY in Feb Greece’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.
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EconomyMacroeconomy
Small gains for building activity in Dec, up 7.1 pct in full 2023 Building permits only rose marginally in December, up by 0.6 percent year-on-year (YoY), after dropping by 1.2 percent year-on-year (YoY) in the previous month, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday.
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EconomyMacroeconomy
Industrial turnover returns to growth in Jan with 3.2 pct YoY rise, falls sharply MoM Greece’s industrial turnover returned to growth in January, rising by 3.2 percent year-on-year (YoY) from a 7.1 percent decrease in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
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EconomyMacroeconomy
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021 Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q4, rising by 5.5 percent year-on-year (YoY), thought it slowed down from an upwards revised 6.3 percent in the third quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Import prices reach one year of contraction with 6.4 pct drop in Jan Greece’s import price index stayed in contraction in January, falling by 6.4 percent year-on-year (YoY), after dropping by 8.7 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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EconomyMacroeconomy
Vehicle sales rise by 17.3 pct in Feb, led by passenger cars Road motor vehicles going into circulation for the first time had a strong growth rate of 21.2 percent year-on-year (YoY) in February, after an 8.6 percent rise in January, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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EconomyMacroeconomy
Underwhelming GDP highlights investment falling short of mark The signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contraction, not seen since Q2 2020 when the pandemic dealt a serious blow to the economy.
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EconomyMacroeconomy
Industrial production grows by 10.3 pct in Jan, boosted by electricity supply Greece’s Industrial Production Index (IPI) accelerated further in January, growing by 10.3 percent year-on-year (YoY), after a 4.5-percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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EconomyMacroeconomy
Trade deficit rises by 2.7 pct in Jan, as exports continue to fall sharply Greece’s trade deficit recorded a rise of 2.7 percent year-on-year (YoY) in January, after a decline of 11.3 percent in December, according to data released by ELSTAT on Friday.
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EconomyMacroeconomy
CPI at 2.9 pct in Feb, food prices up by 6.7 pct The growth in Greece’s Consumer Price Index (CPI) slowed down marginally in February, with a rise of 2.9 percent year-on-year (YoY), after an increase of 3.1 percent in January, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).