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ELSTAT
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EconomyMacroeconomy
July trade deficit drops by 21 pct, 7-month data points to export struggles Greece’s trade deficit recorded a drop of 21 percent year-on-year (YoY) in July, after a decline of 14.9 percent in June, according to data released by ELSTAT on Thursday.
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EconomyMacroeconomy
GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year Greece’s seasonally adjusted (SA) GDP moved up by 1.3 percent quarter-on-quarter (QoQ) in Q2, from a slightly upwards revised 0 percent in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
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EconomyMacroeconomy
Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY), after a solid rise of 7.8 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy
Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July Greece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in July, landing at 10.8 percent, from a slightly downward revised 11 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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EconomyMacroeconomy
Warning from producer prices as most categories rise YoY in July, index up 1.4 pct MoM Greece’s Producer Price Index (PPI) contracted for the fifth successive month in July, dropping by 8.6 percent year-on-year (YoY), after falling by 11.7 percent in June, ELSTAT data showed on Wednesday.
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EconomyMacroeconomy
Building activity grows by 15.8 pct in May, up 11.5 pct in first five months Building permits recorded a decent movement in May, rising by 15.8 percent year-on-year (YoY), after a modest rise of 0.9 percent in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Monday.
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EconomyMacroeconomy
Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY Greece’s industrial turnover went further into contraction in June, dropping by 17.2 percent year-on-year (YoY), from a 13.5 percent decrease in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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EconomyMacroeconomy
Despite drop in input costs, rising agriculture output prices cause inflation concerns Food inflation is currently the most prominent challenge for households, and there was more worrying data on this front from ELSTAT on Friday in the form of the release for input and output price index in the agriculture and livestock sectors.
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EconomyMacroeconomy
Import prices fall for fifth straight month in June as energy drops by 38 pct The contraction of Greece’s import price index continued in June, falling by 19.4 percent year-on-year (YoY), after dropping by 20.8 percent in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
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EconomyMacroeconomy
Car sales rise by 7.8 pct in July, driven by new vehicle purchases Road motor vehicles going into circulation for the first time remained stable in July, growing by 9.2 percent year-on-year (YoY), after a 9.2 percent rise in June, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.