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Import prices continue to contract in Nov, but at lower pace of 8.6 pct
EconomyMacroeconomyGreece’s import price index continued to contract in November, though at a slower pace than the previous month, as it fell by 8.6 percent year-on-year (YoY), after dropping by 13.4 percent in October, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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Car sales jump by 30.1 pct in Dec, marking 16.1 pct rise in 2023
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time recorded another solid growth rate in December, growing by 24.8 percent year-on-year (YoY), after a 24.3 percent rise in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
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Inflation accelerates to 3.5 pct in Dec, food prices jump further
EconomyMacroeconomyThe growth in Greece’s Consumer Price Index (CPI) picked up pace in December, with a 3.5 pct increase year-on-year (YoY), after rising by 3 pct in November, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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Growth in industrial production slows to 3.1 pct YoY in Nov, contracts MoM
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed down in November, growing by 3.1 percent year-on-year (YoY), after a 10.5-percent rise in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
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Trade deficit narrows further in Nov, at 28.46 bln in 11M
EconomyMacroeconomyGreece’s trade deficit recorded a drop of 28.6 percent year-on-year (YoY) in November, after a decline of 32 percent in October, according to data released by ELSTAT on Tuesday.
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Energy fuels producer price fall of 8.9 pct in Nov, but non-durable consumer goods keep rising
EconomyMacroeconomyGreece’s Producer Price Index (PPI) contracted for the ninth successive month in November, dropping by 8.9 percent year-on-year (YoY), after falling sharply by 13.5 percent in October, ELSTAT data showed on Friday.
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Retail sales barely move in Oct, collapse in volumes accelerates
EconomyMacroeconomyGreece’s retail sales barely stayed on positive ground in October, with a rise of 0.1 percent year-on-year (YoY), after a 3.3-percent rise in September, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Building activity returns to growth in Sep, up 9 pct in 9M
EconomyMacroeconomyBuilding permits returned to growth in September, rising by 6.2 percent year-on-year (YoY), after a drop of 4 percent in August, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Thursday.
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Industrial turnover drops by 2.1 pct YoY in Oct due to foreign markets and manufacturing
EconomyMacroeconomyGreece’s industrial turnover stayed in contraction in October, but at a slower pace in as it dropped by 2.1 percent year-on-year (YoY), from a 5.1 percent decrease in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
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Wage growth continues for sixth quarter, up 5.9 pct YoY in Q3
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q3, rising by 5.9 percent year-on-year (YoY), from an upwards revised 5.6 percent in the second quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.