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EconomyMacroeconomy
Wages index grows by 5.5 pct in Q1, slows from previous quarter Greece’s seasonally adjusted (SA) Wages Index kept the strong growth territory rising by 5.5 percent year-on-year, from an upwards revised 8.8 percent in the last quarter of 2022, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Unemployment unchanged at 11.8 pct in Q1, sharp fall in long-term jobless Greece’s non-seasonally adjusted quarterly unemployment rate stayed virtually unchanged in Q1 this year, rising to 11.8 percent, from 11.9 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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EconomyMacroeconomy
Import price index falls for third straight month in Apr as energy prices contract by 35 pct The contraction of Greece’s import price index accelerated further in April, as it fell by 17.5 percent year-on-year (YoY), after dropping by 12.7 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
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EconomyMacroeconomy
Car sales pick up pace in May, up 13.8 pct in first five months Road motor vehicles going into circulation for the first time accelerated in May, rising by 5.6 percent year-on-year (YoY), after slowing down to 1.1 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
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EconomyMacroeconomy
Industrial production rises by 4.2 pct in April thanks to growth in electricity supply Greece’s Industrial Production Index (IPI) picked up pace in April, rising by 4.2 percent year-on-year (YoY), after an upwards revised growth of 0.1 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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EconomyMacroeconomy
CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct The rise in Greece’s Consumer Price Index (CPI) remained broadly unchanged in May, growing by 2.8 percent year-on-year (YoY), from 3 percent in April, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Trade deficit narrows in April, though exports drop by 4.3 pct Greece’s trade deficit recorded a significant drop of 22.9 percent year-on-year (YoY) in April, after a modest rise of 1.3 percent in March, according to data released by ELSTAT on Wednesday.
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EconomyMacroeconomy
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ Greece’s seasonally adjusted (SA) GDP decreased by 0.1 percent quarter-on-quarter (QoQ), from a downward revised 1.1 percent in the last quarter of 2022, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
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EconomyMacroeconomy
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in April, landing at 11.2 percent, from an upwards revised 11.1 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy
March sees first retail sales fall for two years, volumes show consumption diving Greece’s retail sales turned negative for the first time since 2021, with a marginal drop of 0.3 percent year-on-year (YoY) in March, from a downward revised rise of 9.8 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.