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Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
EconomyMacroeconomyGreece’s import price index barely moved in January, as it rose by just 0.4 percent year-on-year (YoY), after a rise of 11 percent in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
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Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time fell back into negative territory in February, dropping by 8.2 percent year-on-year (YoY) after a solid jump of 54.6 percent in January, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
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CPI slows to 6.1 pct in Feb as energy moderates, but rising food prices persist
EconomyMacroeconomyThe pace of Greece’s Consumer Price Index (CPI) dropped further in February, rising by 6.1 percent year-on-year, after increasing by 7 percent in January, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT).
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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.
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Trade deficit drops 21.9 pct YoY in Jan, reflecting base effects
EconomyMacroeconomyGreece’s trade deficit opened 2023 with a drop year-on-year (YoY), falling by 21.9 percent, after a drop of 10.6 percent in December, according to data released by ELSTAT on Friday.
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Q4 GDP grew by 1.4 QoQ, 2022 GDP rose 5.9 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP increased by 1.4 percent quarter-on-quarter (QoQ) at the close of 2022, from a rise of 0.4 percent in Q3, after the previous drop by 0.5 percent was revised upwards, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Tuesday.
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Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling to 10.8 percent, from an upwards revised 12.4 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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Deposits drop by 4.5 bln in Jan, reversing previous month's marked increase
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system dropped by 4.5 billion euros in January, reversing December’s impressive rise, when it jumped by 5 billion euros, based on the latest Bank of Greece (BoG) figures released on Tuesday.
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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.
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Building permits grow by 9 pct in Nov, up 3.9 pct over 11M
EconomyMacroeconomyBuilding permits stayed on a growth trend in November thanks to a rise of 9 percent year-on-year (YoY), after an increase of 8.2 percent in October, according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Tuesday.