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Current account deficit widens to 2.4 bln in Mar, oil deficit more than doubles
EconomyMacroeconomyGreece’s current deficit in March widened to 2.4 billion euros, from a deficit of 1.32 billion euros in February, Bank of Greece (BoG) data showed on Monday.
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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EconomyMacroeconomyGreece’s industrial turnover remained in growth territory in March, slowing down considerably to 1.5 percent year-on-year (YoY), February, from 6.7 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
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Import prices fall sharply by 12.7 pct in Mar, as energy drops by 28.4 pct
EconomyMacroeconomyThe contraction of Greece’s import price index accelerated in March, falling by 12.7 percent year-on-year (YoY), after dropping by 5.6 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Monday.
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Growth in car sales slows to 1.1 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) lost momentum in March as it decreased by 0.2 percent year-on-year, after it had picked up strength in February, rising by 5.2 percent according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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CPI moderates to 3 pct, but food inflation persists at 11.4 pct
EconomyMacroeconomyThe rise in Greece’s Consumer Price Index (CPI) decelerated further in April, with prices rising by 3 percent year-on-year (YoY), when it increased by 4.6 percent in March, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
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Risk of poverty drops to 26.3 pct, reflecting post-Covid rebound
SocietyThe latest poverty data from ELSTAT covering 2022, using 2021 as reference year, was published on Monday.
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Despite marginal rise in Mar, Q1 trade deficit down 19 pct, exports up 17.8 pct
EconomyMacroeconomyGreece’s trade deficit recorded a rise in March, after back-to-back annual drops, rising by a modest 1.3 percent, after falling by 32.3 percent by February, according to data released by ELSTAT on Monday.
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March unemployment falls by almost 2 points YoY to 10.9 pct, jobless numbers down to 2009 levels
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was marginally lower in March, edging down to 10.9 percent, after rising to 11.3 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
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Producer prices drop in Mar for the first time in over 2 years, led by energy
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the first time since January 2021, turning negative by 10.9 percent year-on-year in March, from 4.7 percent in February, ELSTAT data showed on Friday.